$5,250,000

Multi Family In Gilroy

  • 15,960 Sqft
  • 41,200 Sqft lot
  • Updated: October 16
  • Source:
    bridgeMLS  MLS#ML82064711

About the Property

Well maintained units in Gilroy. Great cap rate! Hundreds of thousands of $$ worth of improvements/repairs will make this a lasting investment*36 parking spaces along with street parking adds to the tenants needs*19 of which are covered in Carport*All units are 2 bedroom 1 bath*Most have been nicely remodeled throughout*Please note that units have their own hot water heater which lowers expenses f
Well maintained units in Gilroy. Great cap rate! Hundreds of thousands of $$ 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!!
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  • Property type

    Other

  • Year built

    1984

  • Price/sqft

    $328

Features

  • Terrace
  • Parking

Explore the Area

590 Stoney Court, Gilroy, California, United States View on Google Maps
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Real Property Investments

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Real Property Investments
California, United States
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2
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2025
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Real Property Investments
California, United States
View agency profile
Last updated
October 16
First listed
October 16
Listing reference
ML82064711
Listing status

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