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Listed by Tyler Charron • Compass
$1,795,000
Est. payment /mo
3,876 SqFt
UPDATED:
01/31/2025 01:35 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,876 sqft
Price per Sqft $463
MLS Listing ID ML81992225
HOA Y/N No
Originating Board Datashare MLSListings
Year Built 1977
Lot Size 0.261 Acres
Property Sub-Type Other
Property Description
This well-maintained, cash-flowing 5-unit property in Gilroy is a rare find and wont last long. Each of the spacious two-bedroom, one-bath units provides a strong, reliable income stream, making this an excellent addition to any investors portfolio. With an on-site laundry room and a mix of covered and uncovered parking, this property offers key amenities that attract long-term tenants. Major upgrades have already been completed, including a partial sewer lateral replacement, full copper plumbing, and a durable roof and concrete driveway installed approximately 20 years ago. The location is unbeatable. Situated between Eliot Elementary and South Valley Middle School, this property is perfect for families. Its just minutes from Downtown Gilroys shops and restaurants, and right around the corner from major employers like Kaiser Hospital, Costco, and the Gilroy Premium Outlets. With quick access to major highways, tenants can easily commute to Silicon Valley, making this a highly desirable rental location.
Location
State CA
County Santa Clara
Interior
Heating Wall Furnace
Cooling Other
Fireplace No
Exterior
Handicap Access Other
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