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7240 East ST Gilroy, CA 95020
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Key Details
Sold Price $1,200,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,058 sqft
Price per Sqft $392
MLS Listing ID ML81972824
Sold Date 02/06/25
HOA Y/N No
Year Built 1964
Annual Tax Amount $4,184
Lot Size 7,405 Sqft
Property Sub-Type Quadruplex
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 699 - Not Defined
Zoning R3
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet, Laminate
Fireplace No
Exterior
Utilities Available Natural Gas Available
View Y/N No
Roof Type Composition
Accessibility Parking
Total Parking Spaces 8
Building
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Schools
School District Gilroy Unified
Others
Tax ID 84110006
Financing Conventional
Special Listing Condition Standard
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Bought with Jenny Huang • Coldwell Banker Realty