Description
Rare opportunity to own 16.73 acres featuring a main home, a converted barn/workshop, and multiple income streams. The main home is approx. 1,200 sqft with 2 bedrooms and 1 bath, currently leased at $3,250/month. The barn conversion is approx. 1,500 sqft with 1 bedroom, 1 bath, and a large garage, currently leased at $2,915/month. Additional storage is leased month-to-month at $500/month, and the yard was previously leased at $2,500/month (currently vacant). Each home has a separate entrance and fenced yard. The land is leased at $850 per acre/year. Shared domestic well. Excellent opportunity for investors or those seeking rural living with strong income potential. Located minutes from Gilroy Premium Outlets, Costco, Lowes, and Home Depot, with easy access to Hwy 101 and Hwy 152. Only about 40 minutes from Silicon Valley.
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2BEDS
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16.73ACRES
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1BATHS
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01/2 BATHS
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1,200SQFT
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$1,633$/SQFT
Description
Rare opportunity to own 16.73 acres featuring a main home, a converted barn/workshop, and multiple income streams. The main home is approx. 1,200 sqft with 2 bedrooms and 1 bath, currently leased at $3,250/month. The barn conversion is approx. 1,500 sqft with 1 bedroom, 1 bath, and a large garage, currently leased at $2,915/month. Additional storage is leased month-to-month at $500/month, and the yard was previously leased at $2,500/month (currently vacant). Each home has a separate entrance and fenced yard. The land is leased at $850 per acre/year. Shared domestic well. Excellent opportunity for investors or those seeking rural living with strong income potential. Located minutes from Gilroy Premium Outlets, Costco, Lowes, and Home Depot, with easy access to Hwy 101 and Hwy 152. Only about 40 minutes from Silicon Valley.
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Listing courtesy of Jenny Huang of Coldwell Banker Realty: .