$1,100,000
Pending

60 W 5th Street

Morgan Hill, CA 95037
2526 sqft | 0.18 acres | #ML81982524
Listing OfficeSouth County Realty Mh
Browse 53 photos
Type:Multi-Family
Structure:3 Family
Zone:Residential

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!

  • Property Details
      • ViewHills
      • Stories1
    • Measurements
      • Acres0.1837
      • Square Feet2526
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1972
    • Material information
      • FoundationConcretePerimeter
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountySanta Clara
      • School DistrictOther
  • Financial Details
      • Original List Price$1,100,000
      • Taxes Annual$1,454
  • Other
      • MLS #ML81982524

Location

King Realty GroupReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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