Additional details
Listed by Kyle De Mattei • Magnify Real Estate
$1,950,000
Est. payment /mo
7 Beds
3 Baths
3,407 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,407 sqft
Price per Sqft $572
MLS Listing ID ML81989306
Bedrooms 7
Full Baths 3
Year Built 1914
Lot Size 8,775 Sqft
Property Sub-Type Triplex
Source MLSListings, Inc.
Property Description
We are pleased to exclusively present the opportunity to acquire 7530 Church St, a prime investment property in Gilroy. This rare find consists of three free-standing homes on one parcel, offering significant upside potential for investors or an ideal setup for owner occupancy with rental income to offset mortgage payments. With a three-bedroom home and (2) two-bedroom homes, this property caters to a variety of living arrangements, including multi-generational families or a family compound. This property features a total building size of approximately 3,407 square feet on a spacious 8,775 square foot lot. Each home is equipped with washer and dryer hookups, private fenced yards, and a mix of hardwood and carpet flooring. Additionally, all units include refrigerators, garbage disposals, and Home B features a dishwasher. Recent capital improvements include IB Membrane roofs replaced on two of the three homes in 2022 and bathroom upgrades in Home A. Additionally, there is potential for an SB9 lot split, given the 18 feet of space between Home A and Home B. Located just one block from Downtown Gilroy, this property provides easy access to local amenities, as well as Highways 101 and 152.
Location
State CA
County Santa Clara
Area Morgan Hill / Gilroy / San Martin
Zoning R3
Interior
Heating Gas, Wall Furnace
Cooling None
Flooring Carpet, Hardwood, Vinyl / Linoleum
Laundry Hookups Only
Exterior
Parking Features Attached Garage, Carport , On Street
Garage Spaces 1.0
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Flat / Low Pitch
Building
Foundation Wood Frame
Sewer Sewer - Public
Water Public
Others
Tax ID 799-06-032
Special Listing Condition Not Applicable
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