2025 Pacheco Pass Hwy., Gilroy, CA 95020 - ML81613619

Listing ID : ML81613619

Beds
4
Garage
1
Structure / Lot Size
2,682 Sqft / 1.9440 Acre
Year
1940

Description

Major price reduction!! DO NOT disturb occupants. Shown by appointment only. Incredible opportunity to own one of the most unique properties on Pacheco Pass Highway. Property consists of two parcels being sold together (APN# 841-23-013 & 841-23-009) with a operating market, single family home, 1 bedroom cottage, detached shop/barn, small orchard, and open land for farming! Great income potential. 3 electrical meters & 2 gas meters. There are 7 marked parking stalls and tons of additional off street-parking. Approximately 2.13 acres of land. The market is profitable and with the newly installed traffic light at Pacheco Pass Highway and Fraiser Lake Road, business has picked up tremendously! All units are in move-in condition. This is a exceptional investment/owner user opportunity that is just minutes to the town and in the path of future development.

Details

Type: Multi-Family/Income Sale

Subdivision: Morgan Hill / Gilroy / San Martin

County: Santa Clara

Security Features: None

Tax ID: 841-23-013

Annual Taxes: $13,750

School District: Gilroy Unified

Building Size: 2,682 SqFt

Cap Rate: 5.52%

Gross Rent Multiplier: 14.30

Days on Market: 2,784

Access Features: Other

AltCal ID: ML81613619

Construction Type: Wood Frame

Cooling: Central AC

Foundation: Concrete Slab, Other

Horse Property: No

Number of Buildings: 3

Parking Spaces: 7

Property Type: Commercial Sale

Roof: Shingle

Sewer: Septic Tank / Pump

Sub Type: Multiple Dwellings / Structures

Utilities: Individual Electric Meters, Individual Gas Meters

Water: Well

Zoning: A-40A

Show More

Interactive

2025 Pacheco Pass Hwy., Gilroy, CA 95020
Directions to here from: 155 mi

Mortgage Calculator

Listed by Victor Borelli with Victoria Properties

Based on information from the MLSListings MLS) as of 4/23/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 4/23/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. ©2024 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes

Office: 888-603-IPRO

2025 Pacheco Pass Hwy. - $995,000