7240 East ST, Gilroy, CA 95020

$1,299,900
8
BD
3,058
SqFt

Listed by Jenny Huang, 408-203-1128 from Coldwell Banker Realty
(If provided) CoList: from

List Price
$1,299,900
Price Change
▼ $99,100 1726703188
MLS#
ML81972824
Status
ACTIVE
Zoning
R3
Year Built
1964
Age
60
City
Gilroy
Lot Size
7,405
Zip
95020
Sqft. of Residence
3,058
Listing Area
Morgan Hill / Gilroy / San Martin
Acres
0.17
Neighborhood
Other

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!!!

Additional Information

Acres
0.17
Cooling System
Window / Wall Unit
Floor Covering
Carpet, Laminate, Vinyl / Linoleum
Foundation
Concrete Slab
Garage Parking
No Garage, On Street, Parking Area
Heating System
Wall Furnace
Laundry Facilities
Coin Operated
Living Area
3,058
Lot Size
7,405
Neighborhood
Morgan Hill / Gilroy / San Martin
Other Utilities
Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
Roof
Composition
Sewer
Sewer - Public
Unincorporated Yn
Yes
Unit1 Approxsqft
765
Unit1 Beds
2
Unit1 Rent
1100
Unit2 Approxsqft
765
Unit2 Beds
2
Unit2 Rent
1100
Unit3 Approxsqft
765
Unit3 Beds
2
Unit3 Rent
1125
Unit4 Approxsqft
765
Unit4 Beds
2
Unit4 Rent
1125
Water
Public
Zoning
R3

Mortgage Calculator

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Calculator source: Real Geeks

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