7240 East Street
Gilroy, CA 95020
3058 sqft | 0.17 acres | #ML81972824
Description
Incredible Investment Opportunity! This property features four units, each with 2 bedrooms and 1 bathroom, offering comfortable and convenient living spaces. With all units currently occupied and in high demand, this property presents an excellent investment prospect. Each unit is equipped with its own electric and gas meter. The property offers a convenient location just a short drive from shopping, restaurants, and essential amenities. Rents are at below-market rents. Market rent is between $2,100 to $2,300 monthly for each unit. With exceptional potential and great upside, this property is not to be missed. Drive-by viewings are welcome, but kindly respect the privacy of the tenants, and refrain from disturbing them. Back on market. No fault of seller. Huge price Improvement!!!
Property Details
- Utility FeaturesNaturalGasAvailable
- Date ClosedFebruary 05, 2025
- School DistrictGilroy Unified
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- CountySanta Clara
- Original List Price$1,399,000
- MLS #ML81972824
- Property SubtypeQuadruplex
- MLS #ML81972824
- Cost1299900
- Utility SourcePublic
- Taxes Annual$4,184
- Acres0.17
- Square Feet3058
- Year Built1964
- FoundationSlab
- Stories2
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. 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
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Jenny Huang (#ML147379)
Listing Office: Coldwell Banker Realty (#ML37874)
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