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263 5th St
Gilroy, CA 95020
Multi-Unit Gem · Multifamily Property For Sale
·
3 Units
Investment Highlights
- Excellent Location
- Ideal Owner-User or Investment
- Perfect Multi-Generational Housing
- Excellent Demographics
- Below Replacement Cost
- Below Market Rents
Executive Summary
This Multi-Family Gem includes 2 buildings totaling 5,294 Sqft with 5 1-car garage spaces on a 9,450 Sqft lot. Excellent location and demographics. Below market rents with small and large unit mix. Property appears to be 3 permitted units of a front house and back duplex, buyer to verify. Property currently operates as 6 individual units. Ideal for multi-generational owner-user or investment opportunity. Do not disturb tenants.
Property Facts
| Price Per Unit | $916,565 CAD | Lot Size | 0.22 AC |
| Sale Type | Investment | Building Size | 5,294 SF |
| Cap Rate | 2.32% | Average Occupancy | 100% |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1850/1980 |
| Property Subtype | Apartment | Parking Ratio | 2.5/1,000 SF |
| Apartment Style | Single-Family Home | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | R3 - Residential medium to high density | ||
| Price Per Unit | $916,565 CAD |
| Sale Type | Investment |
| Cap Rate | 2.32% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 5,294 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1850/1980 |
| Parking Ratio | 2.5/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R3 - Residential medium to high density |
Property Taxes
| Parcel Number | 799-06-012 | Improvements Assessment | $383,289 CAD |
| Land Assessment | $616,659 CAD | Total Assessment | $999,948 CAD |
Property Taxes
Parcel Number
799-06-012
Land Assessment
$616,659 CAD
Improvements Assessment
$383,289 CAD
Total Assessment
$999,948 CAD
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