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)
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0BEDS
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0.33ACRES
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0BATHS
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01/2 BATHS
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120SQFT
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$25,000$/SQFT
School Ratings & Info
Listing provided courtesy of Robert Dudley of Matrix Real Estate Network: 408-828-2853.
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)
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