507 N 3rd ST, San Jose, CA 95112 | Listings

507 N 3rd ST, San Jose, CA 95112

  • $995,000
  • 2,578 sq ft
  • Year Built: 1907
  • Multi-Family
  • Listing #81679551

Property Description

Contractor's Special. This a 12 room boarding house that has existing license with the city. Property has had significant fire damage and needs to be completely renovated. Insurance issues have all been resolved. DO NOT ENTER without appointment as fire damage has made the property unsafe to enter.. All permits have been pulled, issued and approved to rebuilt to its previous use. Contractor Estimate is available as well. When complete, value can be as high as $2.2M and cost of construction is around $500K so you get around $700K in sweat equity and huge potential cash flow for the experienced investor. Showing this Friday, Oct 6 from 11:30AM to 1:30PM

Listing Details

Year Built1907
Property TypeMulti-Family
Listing #81679551
CountySanta Clara
Listing TypeFor Sale

Interior Features

Square Feet2,578
Heating and CoolingOther

Exterior Features

FoundationConcrete Perimeter
Lot Size0.16 acres

Courtesy of Phillip Wang, Intero Real Estate Services

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This content last updated on 2/20/2018 11:23 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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