7240 East Street
$1,299,900
—
3,058
3,058
$425
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...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!
- Listed by Jenny Huang • DRE #01362454 • Brokerage DRE #01908304 • Coldwell Banker Realty • 408-203-1128
Property Details for 7240 East Street
MLS City Name
GILROY
Building TypeFOURPLEX
Garage Spaces0
Parking Spaces8
Cross StreetOld Gilroy St
LISTING UPDATED: 10/12/2024 09:03 PM
Property Details for 7240 East Street
Status | Active |
---|---|
MLS # | ML81972824 |
Days on Compass | 105 |
Taxes | $4,184 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | RESIDENTIAL INCOME / Fourplex |
Year Built | 1964 |
Lot Size | 0.17 AC / 7,405 SF |
County | Santa Clara County |
Building Information for 7240 East Street
Stories2Residences4Year Built1964Building Size-Lot Size0.17 AC / 7,405 SF
Property Information for 7240 East Street
Property History for 7240 East Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 7240 East Street
Taxable ValueLand$89,594Additions$238,949Total$328,543
Tax Record2024$4,209 ($351 / month)
Home Facts
Total Finished SqFt3,058 SqFtAbove Grade Finished SqFt3,058 SqFtStories2Lot Size7,623 SqFtStyleQuadraplexYear Built1964ZoningR3CountySANTA CLARAAPN841-10-006Fireplace TypeHas Fireplace
Schools near 7240 East Street
This home is within Gilroy Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Eliot Elementary School PublicK to 5 | ||
Brownell Middle School Public6 to 8 | ||
Solorsano Middle School Public6 to 8 | ||
Gilroy High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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