PROPERTY INFO
EXCELLENT INCOME PROPERTY! Perfect for investor or income minded buyer who likes to live in the building and rent out the rest. The county record shows "use code" as 4 plex with any combination. Currently, it is a triplex used as 9 bedrooms, 4 baths, 3 kitchens plus 2 common rooms. The two car detached garage which is used as a recreational space. Possible 3-4 cars in tandem parking inside the gate. Low maintenance backyard for BBQ or entertaining. MANY UPDATES SINCE 2018, IT INCLUDES NEW ROOF, downstairs AC, replaced most of the windows, new interior painting, new LVP floor and carpet, 2 tankless water heaters, water softener, stainless kitchen appliances, 2 sets of washer/dryer. There are 3 gas meters, one master water meter. Before Covid in 2019, owners rent roll with all rooms leased was about $105,000. Reduced vacancy since 2020 to better observed county Covid restriction.
Among the current 9 rooms, there is a primary suite with 1 of the 3 kitchens, private bath and a separate entrance.Previous owner used it as owners unit and rent out the rest for income. The current floor plan can be easily converted back to a triplex in the future. Short walk to Downtown, San Jose State University, near future GOOGLE SJ Campus and quick access to HYW 280/87/101/880! Buyer and Buyers agent to verify building SqFt, lot size, permit and permits status. Call/text Jessica at (650)283-9525 for more details and showing requires 48 hours notice to current tenants. Great Opportunity!
Profile
Address
627 South Third Street
Unit
City
San Jose
State
CA
Zip
95112
Beds
Baths
Square Footage
2,388
Year Built
1898
List Price
$1,588,000
MLS Number
ML81959543
Lot Size
4,320
Square Footage Per Public Sources
APN - Formatted
Addition Area
Year Built (Effective)
Style
Foundation
Construction Type
County Land Use
Zoning
Lot Width
Lot Depth
Number of residential units
County
Santa Clara
Standard Features
Air Conditioning
Downstairs AC
Central Forced Air Heat
Roof Type
Shingles
Eat-in Kitchen
Basement
Indoor Laundry
Stainless Steel Appliances
Two Car Garage
Family Rooms
Great room
Floor Type
Parking Spaces
gated yard to park 4 cars
Garage Type
Detached 2 car garage
Garage Area
