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$8,550,000
Est. payment /mo
1.9 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82065755
HOA Y/N No
Year Built 1966
Annual Tax Amount $103,856
Lot Size 1.900 Acres
Property Description
Located in Gilroy, Property is composed of 5 buildings and a large area of land behind the units*All downstairs units have a yard area. There is laminate flooring throughout. The kitchens is equipped with an electric oven range, exhaust fan, hood over the range, and a refrigerator, providing essential appliances for meal preparation. Laundry facilities are coin operated, adding convenience for residents. Cooling is provided by ceiling fans, and heating is managed by electric and wall furnace units. The home includes double pane windows for energy efficiency. There is a two-car garage available for parking and storage. Total parking is 61 spaces, 31 in carport*1.9 acres of lot size*Great unit mix, 2 three bedrooms, 6 one bedroom and 24 two bedroom units*Units are professionally managed*Please note Cap rate!!Conveniently located to Gilroy Outlets, Costco Wholesale, Walmart, and Cal Train Gilroy Station*Just down the street from Eliot Elementary which makes this a great convenience for tenants*
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning R3
Interior
Heating Electric, Wall Furnace
Fireplace No
Exterior
Carport Spaces 31
Roof Type Composition
Total Parking Spaces 28
Building
Water Public
Schools
School District Gilroy Unified
Others
Tax ID 84109061
Special Listing Condition Standard
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Listed by Tom Antonopoulos Real Property Investments #00492309
Nearby Locations
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