Listed by Jenny Huang • Coldwell Banker Realty
Bought with Jenny Huang • Coldwell Banker Realty
Bought with Jenny Huang • Coldwell Banker Realty
$1,200,000
$1,299,900 7.7%
Est. payment /mo
3,058 SqFt
Sold on 02/06/2025
7240 East Street Gilroy, CA 95020
GET MORE INFORMATION
We respect your privacy! Your information WILL NOT BE SHARED, SOLD, or RENTED to anyone, for any reason outside the course of normal real estate exchange. By submitting, you agree to our Terms of Use and Privacy Policy.
UPDATED:
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
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
Interior
Heating Wall Furnace
Flooring Laminate
Laundry Coin Operated
Building
Water Public
Schools
School District Gilroy Unified, Gilroy Unified
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.