Active
7240 East ST
GILROY CA, 95020
$1,299,900
$425.08 per sqft
Active
3,058 sqft
Multi-family
Built in 1964
Listed by Coldwell Banker Realty, Jenny Huang, Listing Contact: 4082031128
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!!!
ML81972824
MLSⓇ ID
July 11, 2024
Listed
October 13, 2024
Updated
Map
7240 East ST
GILROY CA, 95020
Interior Features
Total Stories
2
Interior Features
Laminate
Floor Description
Laminate
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
No
Exterior/Building Features
Lot Size
0.17 Acres
Roof
Composition
Sewer
Public Sewer
School Information
School District
Gilroy Unified
Other Property Details
Area Name
Morgan Hill / Gilroy / San Martin
Garage
No
Parking
No Garage
Parking Total
8
View
No
County
Santa Clara
Water Source
Public
Pool
No
Zoning
R3
Listing History
Date | Event | Price |
|---|---|---|
9/18/2024 | Price change | $1,299,900 -8% |
9/12/2024 | Active | — |
8/14/2024 | Pending | — |
Listed by Coldwell Banker Realty, Jenny Huang,
Listing Contact: 4082031128
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Data last updated 4:40 AM UTC, 10/13/2024