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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Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Jenny Huang (#ML147379)
Listing Office: Coldwell Banker Realty (#ML37874)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
