**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… Read More 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.** Read Less
Courtesy of Coldwell Banker Realty, Doug Evans 408-655-2411
Listing Snapshot
Days Online
22
Last Updated
Property Type
Triplex
Square Ft.
2,620
Lot Size
0.14 Acres
Year Built
1898
MLS Number
ML82062929
30 Days Snapshot Of 95112
$600k
-36%
(avg) sold price
5
-64%
homes sold
92
+109%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 6210.00, Max Area Units: Square Feet
Unit One
4 bedrooms in unit 1
Unit Two
3 bedrooms in unit 2
Unit Three
1 bedroom in unit 3
Accessibility Features
Bathroom Features, Kitchen Features, Parking
Building
Built in 1898, 3 building units, 8 buildings, 2,620 structure square feet
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than the office represented by this website are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. The broker providing this data believes the data to be correct, but advises interested parties to confirm all information before relying on it for a purchase decision. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings last updated on .
Confirm your time
Fill in your details and we will contact you to confirm a time.