$1,100,000
$999,000
10.1%For more information regarding the value of a property, please contact us for a free consultation.
6,481 Sqft Lot
SOLD DATE : 12/16/2024
Key Details
Sold Price $1,100,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81981480
Sold Date 12/16/24
HOA Y/N No
Year Built 1898
Annual Tax Amount $7,470
Lot Size 6,481 Sqft
Property Description
Welcome to 710 S 3rd Street! This is a rare opportunity to own a well-maintained, income-generating multi-family property in the heart of vibrant downtown San Jose. Spanning 2,306 sq. ft., this Tier 1 building features three spacious 1-bedroom apartments and two charming studio apartments, all with modern amenities. The property boasts six private parking spaces plus ample street parking, offering convenience for residents and guests alike. Ideally located near the SOFA District, San Pedro Square, and just minutes from major highways, this building provides easy access to the best downtown living, attracting tenants who value comfort and location. This turnkey property has seen consistent upgrades over the past 30 years. Recent improvements include new water heaters, air conditioning and central heating in all units, plumbing upgrades with 1.5-inch pipes, a new foundation, and an updated electrical system. This investment gem offers a stable source of rental income with excellent growth potential. Don't miss the chance to own a superior property in one of San Jose's most desirable areas! You won't want to miss this!
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning RM
Interior
Cooling Central Air, Wall/Window Unit(s)
Fireplace No
Laundry None
Exterior
Utilities Available Natural Gas Available
Roof Type Composition,Shingle
Total Parking Spaces 6
Building
Water Public
Schools
School District San Jose Unified
Others
Tax ID 47227095
Financing Conventional
Special Listing Condition Standard
Read Less Info
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Bought with RECIP • Out of Area Office
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