Open House: Jan 22, 2018 12:00 PM - 1:00 PM

8160 Monterey RD
MORGAN HILL, CA 95037

$1,999,950

Number of Units: 5
Type: Multi-Unit Residential
Listing #ML81688713
Terrific opportunity for long term development while earning great monthly income. There may or may not be future development in coyote valley - 3 contiguous parcels are being sold together. 725-14-019, 725-14-021 & 725-14-005) Address reflects one parcel. Other two parcels do not have addresses. Property backs to Coyote Creek. Property includes what is used by the Grange Hall as parking lot. Property includes one duplex currently rented, 5 modular homes occupied by family and not generating income at this time. Income and expense figures are aggregate for all 3 properties.
Property Features
Location Information
County: Santa Clara
Neighborhood: Santa Teresa
MLS Area: 2
Cross Street: Coyote Ranch Road
Interior Features
Heating: Electric, Propane
Cooling: None
Total Number of Units: 5
Exterior Features
Foundation: Concrete Perimeter
Roof: Other
Septic or Sewer: Septic Connected
Water: Well
Metering: Master Electric
Utilities: Propane On Site, Public Utilities
Parking Description: Other
Additional Information
Property Type: RI
Property SubType: Commercial Multi-Residential (5+ units)
Year Built: 1965


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
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Interest Rate
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Seller's Representative: David Martz, Coldwell Banker Residential Brokerage
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than Salimi Investments are marked with the IDX icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from MLSListings MLS as of the date shown below. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties appearing for sale on this website may subsequently have sold and may no longer be available.
MLSListings data last updated at January 20, 2018 2:24 AM PT