7240 East Street
Gilroy, CA, 95020
$1,299,900
Beds
0 Baths
SqFt
0.17 Acres
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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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Parking
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Wall/ Window Unit(s)
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Carpet, Laminate
Heating
Wall Furnace

Exterior

Foundation Details
Slab
Garage Spaces
0.00
Parking Spots
8.00
Roof
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Public Sewer
Stories Total
2
Water Source
Public

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Natural Gas Available

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7240 East Street
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