About 232 N 3rd St
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.
Features of 232 N 3rd St
| MLS® # | ML81969724 |
|---|---|
| Price | $2,850,000 |
| Square Footage | 5,512 |
| Acres | 0.14 |
| Year Built | 1964 |
| Type | Multi-Residential |
| Sub-Type | Five or More Units |
| Status | Active |
Community Information
| Address | 232 N 3rd St |
|---|---|
| Area | Central San Jose |
| City | SAN JOSE |
| County | Santa Clara |
| State | CA |
| Zip Code | 95112 |
Amenities
| Utilities | Individual Electric Meters, Individual Gas Meters |
|---|---|
| Parking Spaces | 2 |
| Is Waterfront | No |
Interior
| Heating | Wall Furnace |
|---|---|
| Cooling | No Cooling |
| Fireplace | No |
Exterior
| Roof | Shingle Roof |
|---|---|
| Foundation | Concrete Block |
Additional Information
| Zoning | CO |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Brandyn Kringen |
|---|---|
| Office | West Vine Realty Inc |
| Contact Info | 831-251-5106 |