611 E 7th Street, Gilroy, CA 95020

$8,550,000
24,573
SqFt

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Listing courtesy of Tom Antonopoulos from Real Property Investments. 408-391-9546

List Price
$8,550,000
Status
ACTIVE
Days on Market
2
MLS#
ML82065755
Subtype
Commercial Sale
Year Built
1966
Living Area
24,573
Lot Size
82,764
Acres
1.90
Subdivision
Ca
Neighborhood
Ca

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*

Additional Information

Flooring
Laminate
Appliances
Refrigerator
Heating
Electric, Wall Furnace
Air Conditioning
Ceiling Fan(s)
Roof
Composition Shingles
Parking Features
Assigned

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