Gilroy, CA 95020,7240 East ST
Gilroy, CA 95020,7240 East ST
Gilroy, CA 95020,7240 East ST
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$1,299,900
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3,058 SqFt
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7240 East ST Gilroy, CA 95020

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UPDATED:

10/13/2024 04:22 AM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,058 sqft

Price per Sqft $425

MLS Listing ID ML81972824

HOA Y/N No

Year Built 1964

Annual Tax Amount $4,184

Lot Size 7,405 Sqft

Property 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!!!

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning R3

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet, Laminate

Fireplace No

Exterior

Utilities Available Natural Gas Available

View Y/N No

Roof Type Composition

Accessibility Parking

Total Parking Spaces 8

Building

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

Schools

School District Gilroy Unified

Others

Tax ID 84110006

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Jenny Huang • Coldwell Banker Realty

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Adam Renick

Agent | License ID: 01979227

+1(619) 678-8186

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7240 East ST