7240 East Street Gilroy, CA 95020
Listing Courtesy of: MLSlistings Inc. / Coldwell Banker Realty / Jenny Huang - Contact:  408-203-1128

  7240 East Street Gilroy, CA 95020

Pending (164 Days)
$1,299,900
3,058
SQFT
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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!!!

MLS #:
ML81972824
Taxes
$4,184
Lot Size
7,405 SQFT
Type
Multifamily
Year Built
1964
School District
478
County
Santa Clara County

Listed By

Jenny Huang, DRE #01362454 CA, Coldwell Banker Realty, Contact: 408-203-1128
Source
MLSlistings Inc.
Last checked Dec 23 2024 at 5:00 AM GMT+0000
Bathroom Details
Interior Features
  • Coin Operated
Property Features
  • Foundation: Concrete Slab
Heating and Cooling
  • Wall Furnace
  • Window / Wall Unit
Flooring
  • Vinyl / Linoleum
  • Laminate
  • Carpet
Exterior Features
  • Roof: Composition
Utility Information
  • Utilities: Water - Public, Public Utilities, Natural Gas, Individual Gas Meters, Individual Electric Meters
  • Sewer: Sewer - Public
Garage
  • Parking Area
  • On Street
  • No Garage
Stories
  • 2
Living Area
  • 3,058 sqft
Additional Information: Morgan Hill | 408-203-1128
Location
Map View | Street View
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Sep 18, 2024
Price Changed
$1,299,900
-7%
-99,100
Jul 11, 2024
Original Price
$1,399,000
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Coldwell Banker Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
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