Pending

Pending (Do Not Show)

7240 East ST

GILROY CA, 95020

$1,299,900


$425.08 per sqft

Pending

Pending (Do Not Show)

3,058 sqft

Multi-family

Built in 1964

Listed by Coldwell Banker Realty, Jenny Huang, Listing Contact: 4082031128

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!!!

ML81972824

MLS ID

July 11, 2024

Listed

December 16, 2024

Updated

Map

7240 East ST
GILROY CA, 95020

Interior Features

Total Stories

2


Interior Features

Laminate


Floor Description

Laminate


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

No

Exterior/Building Features

Lot Size

0.17 Acres


Roof

Composition


Sewer

Public Sewer

School Information

School District

Gilroy Unified

Other Property Details

Area Name

Morgan Hill / Gilroy / San Martin


Garage

No


Parking

No Garage


Parking Total

8


View

No


County

Santa Clara


Water Source

Public


Pool

No


Zoning

R3

Listing History

Date

Event

Price

12/16/2024

Pending

12/12/2024

Active

12/2/2024

Pending

9/18/2024

Price change

$1,299,900

-8%

9/12/2024

Active

8/14/2024

Pending

Listed by Coldwell Banker Realty, Jenny Huang,
Listing Contact: 4082031128 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jen Marley Bright shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Jen Marley Bright are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

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Data last updated 10:19 PM UTC, 12/16/2024

 

 

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