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
Upcoming open houses
  • Sat, Oct 03
    02:00 pm - 04:00 pm
  • Sun, Oct 04
    02:00 pm - 04:00 pm
Listed by: wesley craig
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...

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Home facts

  • Year built:1898
  • Listing ID #:ML82062929
  • Added:1 day(s) ago
  • Updated:September 29, 2026 at 07:32 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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