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South Campus

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627 S 3rd St, San Jose, CA 95112
San Jose, CA
$1,698,000
9 bed
4 bath
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627 S 3rd St, San Jose, CA 95112

San Jose, CA
$1,698,000
9 bed
4 bath

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 Quadruplex ( 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 & 280!

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