Description
Located in the heart of Downtown San Jose, 620 S. 3rd Street is a legal 9 unit property that is currently being operated as an 8 unit multifamily property as two of the units have been combined to create a 1 BD/1BA unit. The unit mix consists of (3) SRO, (2) studio, and (3) 1 BD/1BA. The property sits on a 0.20 acre (8,833 SqFt) lot. The property includes the main building and an additional building at the rear with two of the units and a large garage that may be converted to an ADU (buyer to verify). NOTE: The property is being sold in conjunction with the adjacent vacant lot, approx. 5,200 sqft. The vacant lot may also offer an investor the opportunity to construct multiple ADUs, additional storage, amenities, etc...Properties must be purchased together. This an incredible opportunity with significant upside potential. See MLS # ML81917543
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Listing Agent: Carlos Azucena | Agent phone: 408-205-2679
Listing Office: Marcus & Millichap
