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Listed by: Wesley Craig (408) 772-0087 DRE #02114426 | Coldwell Banker Realty (408) 355-1500
$999,888
Monthly Est:$4,977
8 Beds
-- Bath
2,620sqft
467 S 3rd Street, San Jose, CA 95112
$999,888
$4,977/moEst:
Get Pre-Approved
Triplex
Built in 1898
$-- HOA
6,210 sqft lot
$382/sq.ft
Description
**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.**
- Houzeo last checked: 3 hours ago
- Listing updated: October 8, 2026 at 4:21 am
- Source: California Regional MLS-CA | MLS#: ML82062929
Part of
Property Details
Status
Active Under Contract
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1898
HOA Fees
-
Finished Area
2,620 sqft
Lot Size
6,210 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
ML82062929
MLS Status
ActiveUnderContract
Days on Market
8
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 8
Bathroom: --
Interior
Heating
Central, Floor Furnace
Cooling
None
Construction
Year Built
Year Built: 1898
Home type
Triplex
Roof
Composition
Foundation Details
Concrete Perimeter
Utilities & Energy
Water Source
Public
Price History
| Date | Event | Price |
|---|---|---|
10/06/2026 Source: | Contingent (Active Under Contract) | $999,888 $382/sqft |
09/28/2026 Source: | Listed for Sale | $999,888 $382/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 08, 2026, 11:00AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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