507 N 3rd St, San Jose, CA, 95112

507 N 3rd St, San Jose, CA, 95112 < >
for sale
Square Feet:2578
Lot Size:0.16 Acres
Year Built:1907
MLS #:ML81679551
Date Updated:
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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
For information contact:
Interior Details
Cooling: NoneFlooring: Other
Heating: Other

Exterior Details
Foundation: Concrete PerimeterLot Acres: 0.1600
Roof: Other

Community Information
Pool Y/N: 0

Property Information From MLS Data
Garage Parking Features: DetachedStructure SqFt: 2578
Utilities : Natural Gas, Public UtilitiesYear Built: 1907
Garage Spaces: 1Water: Public
Meters: Master Electric, Master Gas, Master WaterNumber of Buildings: 1
Parking Spaces: 1Sewer Septic: Sewer - Public

Financial Information
HOA Exist Y/N: 0

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Monthly Payment for 507 N 3rd St
This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.
Down Payment:
Loan Amount:$840,000
Loan Type:30 year fixed at %
Principal & Interest:
Property Taxes: (1.5%)
Homeowner's Insurance:
Total Payment:
Listing courtesy of Phillip Wang, Intero Real Estate Services

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