$6,495,000
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1.4 Acres Lot
SOLD DATE : 10/01/2019
Key Details
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81756189
Sold Date 10/01/19
HOA Y/N No
Year Built 1987
Annual Tax Amount $81,415
Lot Size 1.400 Acres
Property Description
Eighteen 3 bed 1 full bath upstairs, 1 half bath downstairs townhouse units. Each unit has direct access to a single car garage, washer / dryer hookups, private back yard, dishwashers, individual hot water heaters, forced AC and Heat, and many other amenities. The property was built in 1987 and is located in a very describable part of town. Gilroy has a strong employment and historical stable occupancy and rental growth. Current rents are under market offering a buyer immediate upside. It is rare to find a building with this units mix, amenities and upside opportunity. Brand new DP windows, well taken care of property.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning R-3
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Roof Type Composition
Total Parking Spaces 25
Building
Water Public
Schools
Elementary Schools Other
School District Gilroy Unified
Others
Tax ID 79039023
Financing Conventional
Special Listing Condition Standard
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Bought with Scott Kilpatrick • Newmark Cornish & Carey