467 S 3rd Street, San Jose, CA 95112
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
467 S 3rd Street,San Jose, CA 95112
$999,888
- - Beds
- - Baths
- 2,620 sq. ft.
- Multi-family
- Active
Listed by: jordy bharati
Office: coldwell banker realty408-355-1500
MLS#:ML82062929
Source:CRMLS
Price summary
- Price:$999,888
- Price per sq. ft.:$381.64
About this home
**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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Home facts
- Year built:1898
- Listing ID #:ML82062929
- Added:45 day(s) ago
- Updated:November 14, 2026 at 12:32 PM
Rooms and interior
- Living area:2,620 sq. ft.
Heating and cooling
- Heating:Central, Floor Furnace
Structure and exterior
- Roof:Composition
- Year built:1898
- Building area:2,620 sq. ft.
- Lot area:0.14 Acres
- Foundation Description:Concrete Perimenter
Utilities
- Water:Public
Finances and disclosures
- Price:$999,888
- Price per sq. ft.:$381.64
- Tax amount:$19,200
Parking
- Parking description:5 Carport Space(s)
- Garage:Yes
- Garage spaces:3
- Carport spaces:5
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