**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.**
| Listing Id: | ML82062929 |
|---|---|
| List Price: | $999,888 |
| Listing Class: | Residential Income |
| Subclass: | Triplex |
| Listing Status: | Active Under Contract |
| Living Sq Ft: | 2,620 |
| Annual Tax Amount: | $19,200 |
| Lot Size Sq Ft County: | 6,210.0 |
| City Name: | SanJose |
| County Name: | Santaclara |
| Postal Code: | 95112 |
| Year Built: | 1898 |
| Building Unit Total: | 3 |
| Area: | CentralSanJose |
| Cooling: | None |
| Elementary School District: | SanJoseUnified |
| Garage Spaces: | 3.0 |
| Heating: | CentralForcedAir, FloorFurnace, Gas |
| High School District: | SanJoseUnified |
| Lot Size Source: | Other |
| No Of Stories: | 2 |
| Parking Spaces: | 3 |
| Roof: | Composition |
| State Or Province Name: | CA |
| Utilities : | WaterPublic, IndividualElectricMeters |
| Year Built Source: | Other |
| Zoning: | RM |
| Building Area Total: | 2620.0 |
| Carport Spaces: | 5.0 |
| Gardner Expense: | $600 |
| Gross Income: | $158,027 |
| Gross Scheduled Income: | $166,344 |
| Insurance Expense: | $1,400 |
| Lot Size Area: | 6,210.0 |
| Maintenance Expense: | $2,000 |
| Original List Price: | $999,888 |
| Financial Data Source: | PropertyManager |
| Operating Expense Includes: | Maintenance, Utilities, WaterSewer |
| Security Features: | None |
| Carport?: | Yes |
| Garage?: | Yes |
| Listing Contract Date: | 2026-09-29 |
| Number Of Buildings: | 8 |
| Number Of Units Leased: | 8 |
| Parcel Number: | 467-47-029 |
| Walk Score: | 88 |
| Year Built Details: | 6 |
| Accessibility Features: | BathroomFeatures, KitchenFeatures, Parking |
| Basement: | false |
| Building Area Source: | Other |
| Lease Term: | _12Months |
| Lot Size Units: | SquareFeet |
| Status: | Contingent |
| Postal City: | SanJose |
| Foundation Details: | ConcretePerimeter |
| Parking Features: | Detached, ParkingArea |
| Special Listing Conditions: | Standard |
| Water Source: | Public |
| Inclusions: | Building, Land |
Listing Courtesy of: Coldwell Banker Realty
Listing Agent: Wesley Craig
408-772-0087
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© 2026 MLSListings Inc. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than Broker's Network Inc are marked with the Internet Data Exchange icon and detailed information about them includes the names of the listing brokers and listing agents. The broker providing this data believes the data to be correct, but advises interested parties to confirm all information before relying on it for a purchase decision. The 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. Updated on October 08, 2026 04:56 PM - ET.
Property Last Updated: October 08, 2026 04:56 PM - ET
