7240 East ST Active

Gilroy,CA 95020

$ 1299900

8 Beds

4 Baths

3058 SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,058 sqft

Price per Sqft $425

MLS Listing ID ML81972824

Bedrooms 8

Full Baths 4

Year Built 1964

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 Morgan Hill / Gilroy / San Martin

Zoning R3

Interior

Heating Wall Furnace

Cooling Window / Wall Unit

Flooring Carpet,Laminate,Vinyl / Linoleum

Laundry Coin Operated

Exterior

Garage No Garage,On Street,Parking Area

Utilities Available Individual Electric Meters,Individual Gas Meters,Natural Gas,Public Utilities

Roof Type Composition

Building

Story 2

Foundation Concrete Slab

Sewer Sewer - Public

Water Public

Others

Special Listing Condition Not Applicable

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