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741 S 3rd Street

San Jose, CA 95112
  • $2,400,000
  • STATUS: Active
  • ON SITE: 68 Days
  • ID#: ML81863504
UPDATED: 55 min ago
$2,400,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1904
County:

School Ratings & Info

Description

Welcome to 741 South 3rd Street, located in the East Virginia neighborhood of downtown. Recently updated with fresh paint outside and updated landscaping to improve the curb appeal, some of the units have also been updated in the last few years. Why consider this property? How about 2 properties on 1 lot, 6 Units in the main building, and 1 single family home offering 3 bedrooms & 1 bath in the back. Fully functional laundry area in the basement with coin operated appliances, as well as storage areas that offer endless opportunities. Take a look at that fenced court yard, can be updated to include BBQ area/recreation area for tenants to hang out. Take a look at all that parking in the back of the unit as well. Never any issue keeping this property rented because of the ideal location. Close to shopping, freeways, schools including San Jose state, Close to ZOOM, PWC, Adobe, WeWork, and the incoming Google Campus.

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Bay East ©2021. CCAR ©2021. bridgeMLS ©2021. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2021-11-28T15:37:38.957.

www.stevebhalla.com/homes/121608177
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741 S 3rd Street San Jose, CA 95112

  • Price: $2,400,000
  • Status: Active
  • On Site: 68 Days
  • Updated: 55 min ago
  • ID#: ML81863504
0
Beds
0
Baths
0
½ Baths
0.25
Acres
1904
Built
Neighborhood:
Central San Jose
County:
Santa Clara
Area:
Central San Jose
Property Description
Welcome to 741 South 3rd Street, located in the East Virginia neighborhood of downtown. Recently updated with fresh paint outside and updated landscaping to improve the curb appeal, some of the units have also been updated in the last few years. Why consider this property? How about 2 properties on 1 lot, 6 Units in the main building, and 1 single family home offering 3 bedrooms & 1 bath in the back. Fully functional laundry area in the basement with coin operated appliances, as well as storage areas that offer endless opportunities. Take a look at that fenced court yard, can be updated to include BBQ area/recreation area for tenants to hang out. Take a look at all that parking in the back of the unit as well. Never any issue keeping this property rented because of the ideal location. Close to shopping, freeways, schools including San Jose state, Close to ZOOM, PWC, Adobe, WeWork, and the incoming Google Campus.
Exterior Features

Lot Description Level Parking Description Parking AreaSpaces - AssignedTandem Parking Parking Spaces Total 8 Roof Composition Shingles

Interior Features

All Units Have Refrigerator Apx Sq Ft Unit1 620 Apx Sq Ft Unit2 620 Apx Sq Ft Unit3 410 Apx Sq Ft Unit4 550 Apx Sq Ft Unit5 500 Bedrooms Unit1 2 Bedrooms Unit2 1 Bedrooms Unit4 1 Cooling Ceiling Fan(S) Heating Forced Air 1 ZoneWall Furnace Laundry Coin Operated Some Units Have Updated BathsUpdated Kitchen

Property Features

Annual Gross Sched Income 105155 Annual Taxes 11103 Annual Utility Expense 10110 Building Type Other Hoa YN No Net Operating Income 40002 Operating Expenses InsuranceUtilities Rent Unit1 2095 Rent Unit2 1695 Rent Unit3 1500 Rent Unit4 1645 Rent Unit5 1445 Tenant Pays Water Tot Bldg Sq Ft 4510 Water Sewer Sewer System - PublicWater - Public Zoning Rm

Listing courtesy of Lawrence Monterrosa of Redfin.


Bay East ©2021. CCAR ©2021. bridgeMLS ©2021. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2021-11-28T15:37:38.957.

 
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