627 S 3rd Street

San Jose, CA 95112
MLS# ML82003644
$1,498,888
9 BEDS ∙ 4 BATHS
Active
DAYS ON MARKET: 23

Listing provided courtesy of: Intero Real Estate Services

Property Description

EXCELLENT INCOME PROPERTY! Perfect for an investor or income-minded buyer who likes to live in one unit & rent out the rest for income. The county record shows "use code" as 4 plex with any combination. Currently, it is a triplex used as open 9 bedrooms, 4 baths, 3 kitchens, plus Living room and a family den. 2-car detached garage is used as a recreational room. ADU potential! 3-4 cars fit inside the backyard. Low-maintenance backyard for BBQ or entertaining. MANY UPDATES SINCE 2018, IT INCLUDES ROOF replacement, downstairs AC, replaced most of the windows, entire interior painting, LVP floor and carpet, 2 tankless water heaters, water softener, SS appliances) (3 refrigerators & 2 sets of washer/dryer). There are 3 gas meters, one master water meter. Before COVID-19 in 2019, owners' rent roll with all rooms leased was about $105,000. Reduced vacancy since 2020 to better observe county's Covid restriction. Among the current 9 rooms, there is a primary suite with 1 of the 3 kitchens, a private bath, and a separate entrance. This property can be converted back to a triplex easily. Short walk to vibrant Downtown, San Jose State University, S.J. Convention Center, cafes & restaurants. Companies & SJU are shifting back to in-person work & learning, Great income growth Opportunity!

  • Features:

    Dishwasher, Microwave Central Air Carpet, Laminate, Tile Shingle Public Sewer

Listing provided courtesy of: Intero Real Estate Services. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Based on information from California Regional MLS. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. © 2025 by California Regional MLS. All rights reserved. Listing last updated on 05/16/2025 19:16:30

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