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Listed by Coldwell Banker Realty, Wesley Craig, Listing Contact: 408-772-0087
2,620 sqft

$999,888

467 S 3rd ST, San Jose CA, 95112

Price per sqft$381.64
Built in1898
Property size2,620 sqft
Property typeMulti-family

Overview

Active

Listed Sep 29, 2026

Updated 6h ago

**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.** OFFER DUE DATE: Tuesday, October 6th by 2:00 PM.

$6,652/mo

Est. mortgage payment based on a $999,888 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
ML82062929

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
0.14 Acres

Other Property Details

Taxes
$19,200
Tax Frequency
Annually
Garage
Yes
MLS provider logo

Listed by Coldwell Banker Realty, Wesley Craig DRE:02114426,
Listing Contact: 408-772-0087 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor DeTar Team | CA DRE# 01156251 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than DeTar Team | CA DRE# 01156251 are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

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Data last updated 4:23 PM UTC, 9/29/2026

 

 

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