$935,000
$949,000
1.5%For more information regarding the value of a property, please contact us for a free consultation.
1,419 SqFt
SOLD DATE : 05/24/2024
Key Details
Sold Price $935,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,419 sqft
Price per Sqft $658
MLS Listing ID ML81957583
Sold Date 05/24/24
HOA Y/N No
Year Built 1900
Lot Size 6,534 Sqft
Property Description
Great investment opportunity to live in one unit and rent the other. Originally a single-family dwelling, this corner lot property was legally converted into a duplex and renovated in 2017. It now offers two distinct units: 188 Lewis St and 7581 Alexander, each featuring 2 bedrooms and 1 bathroom. One unit is currently vacant (newly painted interior/new flooring throughout) while the other is leased to a reliable long-term tenant on a month-to-month basis, providing instant rental income. Conveniently located within walking distance of downtown Gilroy's shops and restaurants, each unit is approximately 700 sqft and includes separate utilities, a 2-car metal carport with individual storage closets, and in-unit washer/dryer facilities. Rare R3 mixed-use residential and multi-family residential zoning makes this property a great opportunity for investors and homeowners.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning R3
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Garage Carport, Off Site, Off Street
Carport Spaces 2
View Y/N No
Roof Type Composition
Accessibility Other
Total Parking Spaces 4
Building
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Schools
School District Gilroy Unified
Others
Tax ID 84105035
Financing Conventional
Special Listing Condition Standard
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Bought with Alma D Castro • Coldwell Banker Realty