Remarks

Charming Six-Unit Apartment Complex in prime Gilroy location! This well-maintained six-unit apartment complex offers a blend of comfortable living and convenient access to all that Gilroy has to offer. Built in 1958, this property presents a solid foundation for steady rental income with potential for future value appreciation. The complex features six one-bedroom, one-bathroom units, catering to a wide range of tenants. Three units are located upstairs with lots of sunlight capturing windows, providing a unique and spacious feel. The other three units are conveniently situated on the ground floor, offering residents direct access to a well-maintained and manicured lawn. On-site laundry facilities, equipped with a washer and dryer, provide added convenience for residents. All units feature similar layouts with a living room, kitchen, and bathroom equipped with a standard tub and shower. Six assigned carport spaces are available at the rear of the building, supplemented by ample street parking. Daily conveniences with Safeway, Starbucks, CVS, Wells Fargo, Anytime Fitness, and Gilroy Gardens all nearby. This property offers a fantastic opportunity for both seasoned and first-time investors looking to capitalize on Gilroy's growing rental market.

Details

MLS#: ML81996610
Price: $1,699,000

Style: Five or More Units
Bedrooms: 1
Sq Ft: 3216
Year Built: 1958

County: Santa Clara