232 N 3rd ST Active

San Jose,CA 95112

$ 2850000

3 Beds

3 Baths

5512 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

Special Listing Condition Not Applicable

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