7487 Rogers Ln Gilroy, CA 95020

This exceptional 5-unit multifamily property located at 7487 Rogers Lane, Gilroy, CA, presents a compelling investment opportunity. The property boasts a total of 3,876 square feet situated on a 0.26-acre lot. Each of the five units comprises two bedrooms and one bathroom, providing spacious living areas for tenants. The property generates a consistent cash flow, thanks to the strong rental income from these well-maintained units. Tenant retention is enhanced by desirable amenities including an on-site laundry room and a mix of covered and uncovered parking spaces. Significant upgrades have been undertaken, ensuring long-term value and minimizing maintenance concerns. These improvements include a partial sewer lateral replacement, a complete copper plumbing system, and a durable roof and concrete driveway, all installed approximately 20 years ago. The property's location is a key advantage. Its proximity to Eliot Elementary and South Valley Middle School makes it highly attractive to families. Furthermore, its convenient location near Downtown Gilroy's vibrant shops and restaurants, along with major employers such as Kaiser Hospital, Costco, and the Gilroy Premium Outlets, ensures high tenant demand. Easy access to major highways provides convenient commutes to Silicon Valley, further enhancing the property's desirability. Priced at $1,795,000, this property represents a rare opportunity to acquire a well-maintained, cash-flowing multifamily investment in a highly sought-after location.