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Eric Boyenga

e@boyenga.com +1(408) 506-3942

Listed by Tom Antonopoulos, DRE #00492309 • Real Property Investments

$ 5,250,000

Est. payment | -/mo

2 Beds

1 Bath

15,960 SqFt

Save

$ 5,250,000

Est. payment | -/mo

Save

2 Beds

1 Bath

15,960 SqFt

Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 15,960 sqft

Price per Sqft $328

MLS Listing ID ML82064711

Bedrooms 2

Full Baths 1

Year Built 1984

Lot Size 0.946 Acres

Property Sub-Type Five or More Units

Source MLSListings, Inc.

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 Morgan Hill / Gilroy / San Martin

Zoning R3

Rooms

Kitchen Countertop - Stone, Exhaust Fan, Oven Range - Electric, Refrigerator

Interior

Heating Electric, Wall Furnace

Cooling None

Flooring Laminate

Exterior

Parking Features Carport , Off-Site Parking, Uncovered Parking

Garage Spaces 17.0

Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities

Roof Type Composition

Building

Foundation Concrete Slab

Sewer Sewer Connected

Water Public

Others

Tax ID 841-10-055 & 841-10-056

Special Listing Condition Not Applicable

NEARBY SCHOOL & BUSINESS

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA

590 Stoney CT Gilroy, CA 95020