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215 Dunne Avenue

Morgan Hill, CA 95037
  • $1,499,000
  • STATUS: Active Under Contract
  • ON SITE: 778 Days
  • ID#: ML81878987
Under Contract
$1,499,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1940
County:

School Ratings & Info

Listing Agent(s): The Jamison Team of Tuscana Properties (888-584-2084)


Description

Awesome investment property great for rental units, AirB&B, or multi-generational families. Two separated floors with a total of 9 bedrooms, 6 bathrooms, 3 laundry areas, and two kitchens (one is technically a wet bar) this home is versatile and can serve many uses. Seller is working on plans/permit to convert to legal duplex/triplex. All bathrooms have been recently updated and the home has great outdoor spaces looking out over an open pasture. Most bedrooms have exterior entry access and can be rented out individually. Parking for up to 7 cars off-street. Buyer to assume Solar Lease for $170/mo.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-21T12:21:09.123. 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 COMPASS. Licensed in the State of California, USA.
www.reiferhomes.com/homes/126420176
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215 Dunne Avenue Morgan Hill, CA 95037

  • Price: $1,499,000
  • Status: Active Under Contract
  • On Site: 778 Days
  • ID#: ML81878987
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1940
Built
Neighborhood:
699 - Not Defined
County:
Santa Clara
Area:
699 - Not Defined
Property Description
Awesome investment property great for rental units, AirB&B, or multi-generational families. Two separated floors with a total of 9 bedrooms, 6 bathrooms, 3 laundry areas, and two kitchens (one is technically a wet bar) this home is versatile and can serve many uses. Seller is working on plans/permit to convert to legal duplex/triplex. All bathrooms have been recently updated and the home has great outdoor spaces looking out over an open pasture. Most bedrooms have exterior entry access and can be rented out individually. Parking for up to 7 cars off-street. Buyer to assume Solar Lease for $170/mo.
Exterior Features

Carport Spaces 4 Carport YN Yes Foundation Details Concrete PerimeterSlab Lot Features Back Yard Parking Total 4 Roof Composition View Pasture View YN Yes

Interior Features

Accessibility Features None Appliances Free-Standing RangeDisposalMicrowaveOvenPropane OvenPropane RangeRangeRefrigeratorWater Softener Flooring Wood Heating Central Heating YN Yes

Property Features

Cap Rate 6.8 Garage YN No Gross Scheduled Income 102000 Insurance Expense 0 Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventionalFhaVa Loan Maintenance Expense 0 Possession Close Of Escrow Special Listing Conditions Standard Trash Expense 0 Zoning R3



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-21T12:21:09.123. 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 COMPASS. Licensed in the State of California, USA.
 
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COMPASS
6930 Indiana Ave, Suite 1
Riverside CA, 92506
Listing Agent(s): The Jamison Team of Tuscana Properties (888-584-2084)