627 South 3rd Street San Jose, CA 95112
Listing Courtesy of: MLSlistings Inc. / Menlo Park / Jessica Yau
$1,680,000
9
BED
4
BATH
2,388
SQFT

  627 South 3rd Street San Jose, CA 95112

Active (294 Days)

Description

MAJOR PRICE IMPROVEMENT! EXCELLENT INCOME PROPERTY! Perfect for investor or income-minded buyer who likes to live in the building & rent out the rest. The county record shows use code as a 4plex ( 3-4 units, any combination). Currently, it is used as 9 beds, 4 baths, 3 kitchens +2 dens. The 2-car detached garage is used as a recreational space. 3-4 cars in tandem could park inside the gate. Spacious backyard for entertaining. MANY UPDATES SINCE 2018, (NCLUDES NEW ROOF, downstairs AC, replaced most of the windows, LVP floor and carpet, 2 tankless water heaters, water softener, SS kitchen appliances, 2 sets of washer/dryer). 3 gas meters & 1 master water meter. Before Covid in 2019, the owner's rent roll with all rooms leased was about $105,000. Reduced vacancy since 2020 to better observe county Covid restriction! 1 of the 9 rooms is a studio w/1 of the 3 kitchens, private bath & entrance! In the heart of Downtown, Walk to San Jose State University, near cafes, restaurants & HWY280!

MLS #:
ML81914067
Lot Size
4,320 SQFT
Type
Single-Family Home
Year Built
1898
School District
482
County
Santa Clara County
Bathroom Details
  • Full Bathrooms: 3
  • Half Bathroom: 1
Interior Features
  • Washer / Dryer
Kitchen
  • Refrigerator
  • Oven Range
  • Countertop - Tile
Property Features
  • Other
  • Fenced
  • Back Yard
  • Foundation: Other
Heating and Cooling
  • Other
  • Forced Air
  • Central Forced Air - Gas
Flooring
  • Tile
  • Laminate
  • Carpet
Exterior Features
  • Roof: Shingle
Utility Information
  • Utilities: Water - Water Softener - Owned, Water - Public, Public Utilities, Individual Gas Meters
  • Sewer: Sewer Connected
Garage
  • Other
  • Parking Area
  • On Street
Stories
  • 2
Living Area
  • 2,388 sqft
Additional Listing Info
  • Buyer Brokerage Commission: 2.50
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jul 21, 2023
Price Changed
$1,680,000
-1%
-18,000
Dec 19, 2022
Price Changed
$1,698,000
-5%
-82,000
Dec 07, 2022
Original Price
$1,780,000
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Intero Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
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