7240 East ST Active Save Request In-Person Tour Request Virtual Tour
Gilroy,CA 95020
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
Parking Features 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
Level or Stories 2
Others
Tax ID 841-10-006
Security Features Other
Horse Property No
Special Listing Condition Not Applicable