7240 East Street

Gilroy, CA 95020

PRICE REDUCED

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-$99,100 (-7.08%)

$1,299,900

List Price

N/A

bed Beds

shower Baths

3,058 sqft

straighten / sqft

1964

calendar_month Built

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!!!

Listing Information

List Price $1,299,900
Status Active
MLS ML81972824
Type Residential Income
Subtype Quadruplex
Year Built 1964
Lot Size 7,405
Structure Size 3,058
DOM 63
Courtesy Of Coldwell Banker Realty
Listing Agent Jenny Huang DRE#01362454

Interior Features

Total Bedroom
Bedrooms N/A
Flooring Information
Material Carpet, Laminate
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Maps

Listing information courtesy of: Jenny Huang, Coldwell Banker Realty . *Based on information from the Association of REALTORS/Multiple Listing as of Oct 13th, 2024 at 4:22 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.