This Gilroy 4-unit building is the second cheapest Santa Clara County 4-plex. It has a great unit mix, lots of off-street parking, and is close to downtown Gilroy. The property has two 3-bedroom/1.5-bath units and two 2-bedroom/1-bath units. The rents are very under the market: 2 bed rents ( $2400 ) and 3 bed rents ($3000). The sewer laterals have been replaced. Electric repairs have been completed recently.
This is a charming turn of the century Craftsman's home. Sought after double dwelling property that is perfect multi-family living or investment. This property is located approx. two blocks from downtown Gilroy & is reminiscent of Gilroy's yesteryear. Shiplap const, wide solid stairs at front and side entries where you will be greeted by gleaming hardwood floors in L.R. & formal D.R. New expansive French doors in formal D.R. New double pane windows throughout the main house. Newer HVAC system in main house. Beautiful wood moulding adorns archway trim, separating L.R. & D.R. The rooms are finished w/crown moulding, baseboards and coffered ceilings. Main house is approx 1320 S.F. consisting of 2 Bdms, plus a den/office or bedroom, 1 Ba., a large laundry room, with partial basement access. Large bright kitchen with ceramic tile. ADU is approx. 600 S.F., 2 Bdms, 1 Ba, A/C. This house has alley access & a long pass-through driveway, that can accommodate several cars. Both houses have separate addresses & utilities. Water is under main house meter. Property is fenced with wrought iron gates.
Major price reduction!! DO NOT disturb occupants. Shown by appointment only. Incredible opportunity to own one of the most unique properties on Pacheco Pass Highway. Property consists of two parcels being sold together (APN# 841-23-013 & 841-23-009) with a operating market, single family home, 1 bedroom cottage, detached shop/barn, small orchard, and open land for farming! Great income potential. 3 electrical meters & 2 gas meters. There are 7 marked parking stalls and tons of additional off street-parking. Approximately 2.13 acres of land. The market is profitable and with the newly installed traffic light at Pacheco Pass Highway and Fraiser Lake Road, business has picked up tremendously! All units are in move-in condition. This is a exceptional investment/owner user opportunity that is just minutes to the town and in the path of future development.
Gilroy is located in California. Gilroy, California has a population of 58,802. Gilroy is more family-centric than the surrounding county with 39.5% of the households containing married families with children. The county average for households married with children is 38.78%.
The median household income in Gilroy, California is $116,206. The median household income for the surrounding county is $140,258 compared to the national median of $69,021. The median age of people living in Gilroy is 35 years.
The average high temperature in July is 83.4 degrees, with an average low temperature in January of 39.6 degrees. The average rainfall is approximately 21.4 inches per year, with 0 inches of snow per year.