285 Main Avenue

    Morgan Hill, CA 95037
    • $1,499,000
    • STATUS: Active
    • ON SITE: 322 days
    • ID#: ML81745265
    UPDATED: 35 min ago
    $1,499,000
    • 0
      BEDS
    • 0.4
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,342
      SQFT
    • $1,117
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:

    School Ratings & Info

    Description

    This is a very unique property with many possibilities. It is currently being used as a hair salon with an attached residential 2 bedroom 2 bathroom home (see MLS # ML81745265) . Both are owner occupied. The lot size is 4/10 of an acre. City of Morgan Hill may allow extra residential units to be built on the property. Buyer's to verify with the city. City of Morgan Hill has zoned this property as Mixed Use (MU-N). Some of the possible uses include Day Care, Senior Housing, Care Facility, General Retail, and Professional Office. The

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-20T14:31:50.837. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Costantino Group | Cal American Homes and Realty. Licensed in the State of California, USA.

    www.livelovethefoothills.com/homes/93310099

    285 Main Avenue Morgan Hill, CA 95037

    • Price: $1,499,000
    • Status: Active
    • Updated: 35 min ago
    • ID#: ML81745265
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.4
    Acres
    1,342
    SQFT
    $1,117
    $/SQFT
    1920
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Santa Clara
    Area:
    699 - Not Defined
    Property Description
    This is a very unique property with many possibilities. It is currently being used as a hair salon with an attached residential 2 bedroom 2 bathroom home (see MLS # ML81745265) . Both are owner occupied. The lot size is 4/10 of an acre. City of Morgan Hill may allow extra residential units to be built on the property. Buyer's to verify with the city. City of Morgan Hill has zoned this property as Mixed Use (MU-N). Some of the possible uses include Day Care, Senior Housing, Care Facility, General Retail, and Professional Office. The
    Exterior Features

    Carport Spaces 2.00 Foundation Details Concrete Perimeter Garage Spaces 2.00 Lot Features Back Yard Lot Size Source Assessor Lot Size Units Square Feet Parking Features Covered Parking Total 4.00 Parking YN Yes Roof Composition

    Interior Features

    Appliances Gas Cooking Appliances YN Yes Average1 Bed Area 1342 Cooling Central Air Cooling YN Yes Heating Forced Air Heating YN Yes Room Type Family RoomSound Studio

    Property Features

    Accessibility Features Customized Wheelchair Accessible Cap Rate 1.34 Gross Multiplier 49.97 Gross Scheduled Income 30000.00 Insurance Expense 1000.00 Maintenance Expense 600.00 Professional Management Expense 0.00 Special Listing Conditions Standard Trash Expense 400.00 Utilities Natural Gas Available Zoning Cc

    Listing provided courtesy of Julian Mancias of Julian Mancias, Broker


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-20T14:31:50.837. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Costantino Group | Cal American Homes and Realty. Licensed in the State of California, USA.

     
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