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In-PersonVirtual Tour
$ 5,250,000
Est. payment | /mo
0.95 Acres Lot
$ 5,250,000
Est. payment | /mo
0.95 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82064711
HOA Y/N No
Year Built 1984
Annual Tax Amount $63,000
Lot Size 0.946 Acres
Property Description
Well maintained units in Gilroy. Great cap rate! Hundreds of thousands of $$ worth of improvements/repairs will make this a lasting investment*36 parking spaces along with street parking adds to the tenants needs*19 of which are covered in Carport*All units are 2 bedroom 1 bath*Most have been nicely remodeled throughout*Please note that units have their own hot water heater which lowers expenses for owner*SB 721 has been completed for decking requirements*Near to the Gilroy outlets, Costco and Walmart and less than one mile from the Cal Train Gilroy Station* Sound wall has been expanded at great expense*Has been professionally managed and rents have been raised*Over 16,600 sq ft of units on app .95 acre lot*This is ideal for your buyer or for an exchange!!Please do not disturb tenants*See Cap Rate!!
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning R3
Interior
Heating Electric, Wall Furnace
Cooling None
Fireplace No
Exterior
Carport Spaces 19
Roof Type Composition
Total Parking Spaces 17
Building
Water Public
Schools
School District Gilroy Unified
Others
Tax ID 84110055 & 84110056
Special Listing Condition Standard
Listed by Tom Antonopoulos Real Property Investments #00492309
NEARBY SCHOOL & BUSINESS