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Key Details
Sold Price $1,175,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,526 sqft
Price per Sqft $465
MLS Listing ID ML81982524
Sold Date 11/06/24
HOA Y/N No
Year Built 1972
Annual Tax Amount $1,454
Lot Size 8,001 Sqft
Property Description
Rare Tri-Plex building in the heart of downtown Morgan Hill. Excellent location on quiet West 5th street, away from the traffic but only steps to all the restaurants, coffee shops, beer & local wine-tasting taprooms, farmers market, festivals, and night life offered in the thriving Morgan Hill downtown scene. Lovingly maintained by the same owner since it was first constructed. Several long-term tenants, with one in place over 24 years! Community garden space located in the back of the building. Ample parking with a detached carport and private parking area. Perfect opportunity for an owner/investor to live in one of the units and rent out the other two, or traditional investors renting out all three units in the desirable downtown environment. Utility room contains Washer/Dryer hookups for potential extra coin/op income. Each unit has an additional private locked storage room at the front of the building. City maintained walking trails, playgrounds, and parks located on the hill above property and on nearby Depot street. Come and make this exciting investment potential your own before it is gone!
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning R3
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Garage Carport
Carport Spaces 3
View Y/N Yes
View Hills
Roof Type Composition
Accessibility Other
Total Parking Spaces 6
Building
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Schools
School District Other
Others
Tax ID 76708026
Financing Conventional
Special Listing Condition Standard
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Bought with Sonia Nanez • Intero Real Estate Services
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David Burchell
Team Leader & Realtor | License ID: #02033130
Team Leader & Realtor License ID: #02033130