About 7487 Rogers Ln
This well-maintained, cash-flowing 5-unit property in Gilroy is a rare find and wont last long. Each of the spacious two-bedroom, one-bath units provides a strong, reliable income stream, making this an excellent addition to any investors portfolio. With an on-site laundry room and a mix of covered and uncovered parking, this property offers key amenities that attract long-term tenants. Major upgrades have already been completed, including a partial sewer lateral replacement, full copper plumbing, and a durable roof and concrete driveway installed approximately 20 years ago. The location is unbeatable. Situated between Eliot Elementary and South Valley Middle School, this property is perfect for families. Its just minutes from Downtown Gilroys shops and restaurants, and right around the corner from major employers like Kaiser Hospital, Costco, and the Gilroy Premium Outlets. With quick access to major highways, tenants can easily commute to Silicon Valley, making this a highly desirable rental location.
Features of 7487 Rogers Ln
| MLS® # | ML81992225 |
|---|---|
| Price | $1,695,000 |
| Square Footage | 3,876 |
| Acres | 0.26 |
| Year Built | 1977 |
| Type | Multi-Residential |
| Sub-Type | Five or More Units |
| Status | Active |
Community Information
| Address | 7487 Rogers Ln |
|---|---|
| Area | Morgan Hill / Gilroy / San Martin |
| City | GILROY |
| County | Santa Clara |
| State | CA |
| Zip Code | 95020 |
Amenities
| Utilities | Individual Electric Meters, Individual Gas Meters |
|---|---|
| Parking Spaces | 8 |
| Is Waterfront | No |
Interior
| Heating | Wall Furnace |
|---|---|
| Cooling | Other |
| Fireplace | No |
Exterior
| Roof | Flat/Low Pitch, Shingle Roof |
|---|---|
| Construction | Wood Frame, Masonry |
| Foundation | Concrete Slab |
Additional Information
| Zoning | R3 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Tyler Charron |
|---|---|
| Office | Compass |
| Contact Info | (650) 675-4825 |