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About the Listing ML6043242 - ML5104223
Located just minutes from San Jose State University and downtown San Jose, 362 N 7th St offers a rare opportunity to acquire an income-producing property with long-term upside in a highly desirable rental corridor. Originally built in 1900, this spacious 6-bedroom, 3-bathroom home (buyer to verify) combines historic character with strong investment potential. Currently configured with six tenants generating approximately $4,500 in monthly rental income, the property provides immediate cash flow with the option to retain existing occupants for a smooth transition. Its flexible layout and generous lot size open the door to a variety of future possibilities, whether maintaining as a rental, enhancing value through improvements, or exploring development potential (buyer to verify). Positioned near San Jose State University, major transportation routes, and the vibrant downtown core, the location benefits from consistent rental demand driven by students, professionals, and long-term residents alike. This is an excellent opportunity for investors, house hackers, or buyers seeking a property with both current income and future potential in one of San Joses most dynamic neighborhoods.
Listing Highlights
Status
Active With Contingency
Days on Site
36
Property Type
Residential
MLS ®
ML82033939
Year Built
1900
Total Square Footage
1,800
Lot/Acreage
0.15
Interior Details
- Bedrooms: 6
- Bathrooms: 3 Full
- Appliances: Gas Cooktop, Refrigerator, Vented Exhaust Fan
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 4
- Zoning: RM
- Roof: Composition,Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: Uncovered
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 24950023
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
362 N 7th St San Jose, CA 95112
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