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$3,000,000

Est. payment - /mo

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5 Beds

3 Baths

5,476 SqFt

Price Dropped by $500K

7001 Eigleberry ST Gilroy, CA 95020

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Alex Tai

alex@cullinanluxury.com +1(650) 773-2321

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Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 5,476 sqft

Price per Sqft $547

MLS Listing ID ML81995731

Bedrooms 5

Full Baths 3

Year Built 1981

Lot Size 10,454 Sqft

Property Sub-Type Five or More Units

Property Description

Major market price adjustment on the most desired Apartment Complex in Gilroy! This Owner built 7-Plex is one of a kind and exudes Pride of Ownership. Located at 7001 Eigleberry and 10th Street. Directly across from 7/11. This investment opportunity won't last! There are 6 two-bedroom units and 1 large one-bedroom unit. Each unit is meticulously maintained. The kitchen is equipped with an electric stove, refrigerator, microwave, dishwasher, garbage disposal and pantry. There is a gas wall furnace and an air conditioner in the wall in each unit. The laundry room has a coin-operated washer and dryer. The owner has installed extensive camera coverage, so you can stay in touch with what is happening at the complex. The grounds are manicured each week. The biggest benefit of this purchase: The owner has competed the SB 721 Balcony Inspection and has finished all reconstruction with permits for the next 6 years. This is the investment opportunity of a lifetime!

Location

State CA

County Santa Clara

Area Morgan Hill / Gilroy / San Martin

Building/Complex Name Daniel M. Mello Apartments

Zoning R-3

Rooms

Other Rooms Laundry Room, Storage

Kitchen Cooktop - Electric, Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Oven Range, Pantry, Refrigerator

Interior

Heating Wall Furnace

Cooling Window / Wall Unit

Flooring Carpet, Laminate

Laundry Coin Operated

Exterior

Parking Features Assigned Spaces, Carport , Common Parking Area

Utilities Available Public Utilities

Roof Type Composition

Building

Foundation Wood Frame

Sewer Sewer - Public

Water Public

Others

Restrictions Parking Restrictions,Pets - Not Allowed

Tax ID 799-11-025

Security Features Fire System - Sprinkler,Video / Audio System

Special Listing Condition Not Applicable

Listed by Jodi Barr • J. Barr Realty Inc

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Alex Tai

Founder | License ID: 02025613

+1(650) 773-2321