7530 Church Street

Gilroy, CA 95020
$1,950,000
3407 sqft | 0.20 acres | #ML81989306
Courtesy of Magnify Real Estate

Description

We are pleased to exclusively present the opportunity to acquire 7530 Church St, a prime property located in Gilroy. This unique investment boasts a rare unit mix of three (3) detached homes, offering a strong upside potential in rents, coupled with the enticing opportunity for owner occupancy. Constructed in 1914, the property consists of 1 three-bedroom/one-bathroom and 2 two-bedroom/one-bathroom detached homes. With approximately 3,407 square feet of building and a spacious lot spanning 8,775 square feet, the property offers ample outdoor space for tenants and potential development. Each unit features in-unit washer and dryer hookups, fenced backyards, and a mix of stainless steel and white appliances. Notable highlights include recent capital improvements, such as replacing 2/3 of the buildings' roofs with IB Membrane in 2022. With 18 feet between Unit A and B, buyers may explore the potential for an SB9 lot split. The property enjoys a prime location just one block away from Downtown Gilroy, offering convenience and accessibility to local amenities and attractions. Finally, it provides easy access to highways 101 and 152.

  • Property Details
      • Stories:1
      • Acres:0.2014
      • Square Feet:3407
      • Parking spaces:1
      • Property type:Multi-Family
      • Year built:1914
      • Sewer information:PublicSewer
      • Utility source:Public
      • School district:Gilroy Unified
      • County:Santa Clara
      • Original List Price:$1, 950, 000
      • Taxes annual:$24, 334
      • MLS #:ML81989306
      • Cost:1950000
      • Property subtype:Triplex
      • MLS #:ML81989306

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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