7240 East Street

Gilroy, CA 95020

  • 8 Bed(s)
  • 0 Bath(s)
  • 3,058 Sqft
  • 7405
    Sqft(Lot)
$1,399,000

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.

  • Property Type

    Residential Income
  • County

    Santa Clara
  • Style

    Residential Income
  • AD ID

    46343523

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Property Details

  • Bathroom Information

    • Total Baths: 0

    Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Composition
    • Flooring: Carpet,Laminate

    Cooling Features

    • Wall/Window Unit(s)
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating
  • Building Information

    • Year Built: 1964
    • Building Area Total: 3,058
    • Roof: Composition

    Foundation

    • Slab

    Accessibility Features

    • Parking
  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.17
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 7405
  • Listing Price Information

    • Original List Price: 1,399,000
    • Listing Contract Date: 2024-07-11

    Lease Information

    • Listing Agreement: Exclusive Right To Sell
  • Tax Information

    • Parcel Number: 84110006
    • Annual Tax: 4184
  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
  • Other Property Info

    • Source Listing Status: Pending
    • Source Neighborhood: 699 - Not Defined
    • Directions: Cross Street: Old Gilroy St
    • Zoning: R3
    • Source Property Type: Residential Income
    • Area: 699 - Not Defined
    • Property SubType: Quadruplex

    Building and Construction

    • Property Age: 60
    • Structure Type: Quadruplex
    • Year Built Source: Assessor
    • Total Square Feet Living: 3058
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BuyOwner last updated this listing 09/16/2024 @ 15:12

  • MLS: ML81972824
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 8 bedrooms which is for sale, it has 3,058 sqft, 7,405 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Gilroy , in zip code 95020, this Santa Clara County Home are nearby neighborhoods.