467 S 3rd Street, San Jose, CA, 95112

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$999,888
11 Days On Site

467 S 3rd Street
San Jose, CA 95112

For Sale|Triplex|Active Under Contract
0
Beds
0
Total Baths
2,620
SqFt
$382
/SqFt
1898
Built
County:
Santa Clara
Listed by Wesley Craig of Coldwell Banker Realty homes@wesleycraigjr.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
467 S 3rd Street467 S 3rd Street467 S 3rd Street467 S 3rd Street
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**CASH FLOW! CASH FLOW! CASH FLOW!** Exciting Downtown San Jose investment opportunity generating **$13,862 per month in current scheduled rent $166,344 annually**. 467 S. 3rd Street offers an established income stream with **8 income-producing room rentals**, with subsidized and self-pay tenants. Based on current rents and financing assumptions, the property has the potential to **remain cash-flow positive with as little as 20% down**, creating an attractive opportunity for investors focused on immediate income. **Strong gross income, tenants already in place, and cash-flow potential from day one.** The property is legally recognized as a triplex under its Residential Occupancy Permit, with rooms rented individually. Buyers are encouraged to review all financial information, disclosures, permits, occupancy/use information, expenses, and perform their own due diligence regarding the property and projected cash flow. **IMPORTANT SHOWING INFORMATION:** Property is tenant occupied with limited access. **All showings will be held during one open house weekend only:** **Saturday, October 3 | 2:00 - 4:00 PM** **Sunday, October 4 | 2:00 - 4:00 PM** **Mark your calendars and don't miss the open house weekend.**

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Listing Snapshot
Price 
$999,888
Days On Site 
11 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,620 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1426 Acres
Year Built 
1898
MLS® Number 
ML82062929
Status 
Active Under Contract
Property Tax 
$19,200
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Other
Friends & Family
Recent Activity
2 days agoListing updated with changes from the MLS®
4 days agoStatus changed to Active Under Contract
2 weeks agoListing first seen on site
General Features
Acres 
0.1426
Carport 
5
Foundation 
Concrete Perimeter
Garage 
Yes
Garage Spaces 
3
Number Of Stories 
2
Property Sub Type 
Triplex
Special Circumstances 
Standard
SqFt Total 
2620
Water Source 
Public
Zoning 
RM
Interior Features
Cooling 
None
Heating 
CentralFloor Furnace
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Exterior Features
Roof 
Composition
Community Features
MLS Area 
699 - Not Defined
School District 
San Jose Unified
Schools
School District
San Jose Unified
Elementary School
Unknown
Middle School
Unknown
High School
Unknown


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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