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. 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!
Property Details
Price:
$1,498,888
MLS #:
ML82003644
Status:
Active
Beds:
9
Baths:
4
Address:
627 S 3rd Street
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
699notdefined
City:
San Jose
Listed Date:
Apr 23, 2025
State:
CA
Finished Sq Ft:
2,388
ZIP:
95112
Lot Size:
4,250 sqft / 0.10 acres (approx)
Year Built:
1898
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Schools
School District:
San Jose Unified
Interior
Appliances
Dishwasher, Microwave
Cooling
Central Air
Flooring
Carpet, Laminate, Tile
Heating
Central
Exterior
Garage Spaces
2.00
Parking Spots
4.00
Roof
Shingle
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Map
Community
- Address627 S 3rd Street San Jose CA
- Area699 – Not Defined
- CitySan Jose
- CountySanta Clara
- Zip Code95112
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627 S 3rd Street
San Jose, CA
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