7240 East ST, Gilroy, CA 95020
- $1,200,000
- 8
- BD
- 3,058
- SqFt
Listed by Jenny Huang, 408-203-1128 from Coldwell Banker Realty
(If provided) CoList: from
Sold listing courtesy of Jenny Huang from CBR
- Sold Price
- $1,200,000
- List Price
- $1,299,900
- Closing Date
- Feb 06, 2025
- MLS#
- ML81972824
- Status
- SOLD
- Zoning
- R3
- Sqft. of Residence
- 3,058
- Lot Size
- 7,405
- Listing Area
- Morgan Hill / Gilroy / San Martin
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!!!
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Additional Information
- Acres
- 0.17
- Age
- 60
- Cooling System
- Window / Wall Unit
- Days On Market
- Unknown
- 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
- Zoning
- R3
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