$ 2,850,000
232 N 3rd ST San Jose, CA 95112
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$ 2,850,000
Est. payment | /mo
3 Beds
3 Baths
5,512 SqFt
$ 2,850,000
Est. payment | /mo
3 Beds
3 Baths
5,512 SqFt
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 5,512 sqft
Price per Sqft $517
MLS Listing ID ML81969724
Bedrooms 3
Full Baths 3
Year Built 1964
Lot Size 6,098 Sqft
Property Description
10 units in central Downtown San Jose close proximity to San Jose State University, with upgrades including a New Roof, New Fences, New Paint, New Income Producing Laundry Facilities and more. This building is comprised of four 2Bed/1Bath, four 1Bed/1Bath, and two Studios. Financials will show an impressive rent roll with all 10 units leased, providing the new owner with immediate cash flow. Recently vacant units have been tastefully remodeled with hard flooring and updated countertops. The roof, gutters and downspouts were replaced in late 2023 by a licensed contractor. Refurbished exterior with new paint competed June 2024. Property is equipped with a remote control gate to provide security to tenants.
Location
State CA
County Santa Clara
Area Central San Jose
Zoning CO
Interior
Heating Wall Furnace
Cooling None
Laundry Coin Operated
Exterior
Garage Carport , Off-Street Parking
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Shingle
Building
Foundation Concrete Block
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 467-01-042
Security Features Security Fence
Special Listing Condition Not Applicable
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Listed by Brandyn Kringen • West Vine Realty Inc