Home | Santa Clara County | San Jose | 95112 | 467 S 3rd St
MLS: ML82062929 | Status: Contingent | Price: $999,888
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 2,620 | 6,210 | 1898 |
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.
| Field | Value |
|---|---|
| MLS # | ML82062929 |
| MLS Source | MLSListings, Inc. |
| Feature | Details |
|---|---|
| Cooling | None |
| Heating | Central Forced Air, Floor Furnace, Gas |
| Feature | Details |
|---|---|
| Roof | Composition |
| Foundation | Concrete Perimeter |
| Feature | Details |
|---|---|
| Garage/Parking | Detached, Parking Area, Garage: 3 Car(s) |
| Elementary District | San Jose Unified |
| High School District | San Jose Unified |
| Water | Public |
| Zoning | RM |
Wesley Craig
Coldwell Banker Realty
License #: 02114426
Phone: (408) 772-0087
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 8 | 8 | 3 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | – | 1 | 1/0 | – |
| 2 | – | 3 | 1/0 | – |
| 3 | – | 4 | 2/1 | – |
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 318 Raymond | $1,175,000 | – | – | – | Active |
| 388 S 19th St | $1,188,000 | – | – | 1,800 | Active |
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This listing information is up-to-date as of October 08, 2026. For the most current information, please contact Wesley Craig, (408) 772-0087.