7240 Alexander Street

About This Property

Exceptional opportunity for investors, contractors, or buyers looking to create value through renovation. Situated on a generous approximately 7,100 sq. ft. rectangular lot, this property features a 943 sq. ft., 3-bedroom, 1-bath main home plus an approximately 400 sq. ft. detached rear structure with unknown legal status. Both the main home and rear structure are in poor condition and require extensive repairs and updating. This is a true fixer-upper with tremendous upside for redevelopment, restoration, or investment potential. Excellent opportunity to build sweat equity on a spacious lot in an established Gilroy neighborhood. Due to the property's current condition, traditional financing is unlikely, and cash offers are strongly encouraged. Property is being sold strictly AS-IS. Buyers to verify all property information, including square footage, zoning, and development possibilities.

Neighborhood

This property is located in Gilroy. Want to learn more about the area?

Listing courtesy of Coldwell Banker Realty

Listing data from CRMLS. Deemed reliable but not guaranteed.