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
Price:
$1,299,900
MLS #:
ML81972824
Status:
Active
Baths:
0
Address:
7240 East Street
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
699notdefined
City:
Gilroy
Listed Date:
Jul 11, 2024
State:
CA
ZIP:
95020
Lot Size:
7,405 sqft / 0.17 acres (approx)
Year Built:
1964
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Schools
Interior
Accessibility Features
Parking
Cooling
Wall/ Window Unit(s)
Flooring
Carpet, Laminate
Heating
Wall Furnace
Exterior
Foundation Details
Slab
Garage Spaces
0.00
Parking Spots
8.00
Roof
Composition
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Utilities
Natural Gas Available
Map
Community
- Address7240 East Street Gilroy CA
- Area699 – Not Defined
- CityGilroy
- CountySanta Clara
- Zip Code95020
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Courtesy of Coldwell Banker Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
7240 East Street
Gilroy, CA
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