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$ 5,250,000

Est. payment -/mo

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590 Stoney CT Gilroy, CA 95020

2 Beds

1 Bath

15,960 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 15,960 sqft

Price per Sqft $328

Lot Size 0.946 Acres

MLS Listing ID ML82064711

Bedrooms 2

Full Baths 1

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

1-purchase type For Sale

Exterior

Garage Carport , Off-Site Parking, Uncovered Parking

Community Features None

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

Roof Type Composition

Building

Foundation Concrete Slab

Sewer Sewer Connected

Water Public

Others

Restrictions None

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

Security Features None

Special Sale Not Applicable

Listed by Tom Antonopoulos of Real Property Investments
Bought with Tom Antonopoulos of Real Property Investments

Anita Mohamed

Broker Associate

+1(347) 903-3025 | stagesite-3.test@chime.me

590 Stoney CT Gilroy, CA 95020

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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590 Stoney CT