16345 Church Street
Morgan Hill, CA 95037
Pending for $3,000,000
Beds: N/A Baths: Structure Size: N/A sqft Lot Size: 14,375 sqft
MLS | ML81966404 |
Year Built | 1955 |
Property Type | |
County | Santa Clara |
Status | Pending |
Pending | $3,000,000 |
Structure Size | N/A sqft |
Lot Size | 14,375 sqft |
Beds | N/A |
Baths |
Description
RARE OPPORTUNITY TO EARN INCOME WHILE -- at the same time -- TAKING ADVANTAGE OF CITY PLAN FOR FUTURE DEVELOPMENT. This is income producing real estate that may become RESIDENTIAL ATTACHED LOW DENSITY DEVELOPMENT. An operating Mini Storage Facility situated on two (2) parcels - combined 1.0375 Acres - including Single Family Residence (SFR) currently occupied by on-site manager - plus 175 enclosed individual Storage Units; plus approx. 12,000 sq ft vacant land situated to the rear of the SFR. Subject parcels have been identified by City of Morgan Hill "City Plan" for future usage as "RAL" Residential Attached Low-Density" for up to "16 units per acre" (per City of Morgan Hill)
Listing information courtesy of: Robert Dudley, Matrix Real Estate Network 408-828-2853. *Based on information from the Association of REALTORS/Multiple Listing as of 11/25/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.