$1,450,000
PENDING

17295 Markross Ct Morgan Hill, CA 95037

Estimated payment $9,528/month

Total Views 6,416
6 Beds
6 Baths
3,341 Sq Ft
$434 Price per Sq Ft

Highlights

  • Tile Countertops
  • Forced Air Heating System
  • 4-minute walk to Diana Park
  • Ann Sobrato High School Rated A

About This Home

Sold as is. Tenant occupied. Do not go direct. Amazing investment property, only a quick walk to beautiful Downtown Morgan Hill. This is a 2-unit multi-family building, each unit having 3 beds, 2.5 baths, and a backyard space with tree shade and privacy fences. Located on a quite cul-de-sac, offering a peaceful environment with no through-traffic, the property has easy access to the Caltrain Morgan Hill Station, Diana Park, and all the amenities of Downtown, including a weekly farmer's market, restaurants, and local boutiques. Quick access to 101 Highway and Butterfield Boulevard. Don't miss out on this rare investment opportunity in the heart of Morgan Hill.

Listing Agent

Maria de Anda Antunes

Maria Antunes, Broker License #01173367 Listed on: 03/15/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • 1979

Parking

  • 2 Car Garage
  • 1 Carport Space
  • Off-Street Parking

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 3,341 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Dishwasher
  • Tile Countertops
  • Disposal

Additional Features

  • 0.29 Acre Lot
  • Forced Air Heating System

Listing and Financial Details

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $2,000
  • Manager Expense $5,670
  • Operating Expense $22,342
  • Gross Income $80,190

Property Details

Home Type

Multi-Family

Year Built

1979

Lot Details

0

Parking

2

Listing Details

  • Zoning: R3
  • Subclass: Duplex
  • Age: 46
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3341
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1979

Interior Features

  • Kitchen: Cooktop - Gas, Countertop - Tile, Dishwasher, Garbage Disposal, Oven - Built-In
  • Living Sq Ft: 3341
  • Stories: 2
  • Laundry: Hookups Only

Exterior Features

  • Foundation: Crawl Space
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 3
  • Garage Parking Features: Attached Garage, Off-Street Parking
  • Carport Min: 1

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Morgan Hill Unified

Lot Info

  • Lot Acres: 0.2882
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 12556.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 12556.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 17.90
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2000
  • Expense Management: 5670
  • Expenses Total: 22342
  • Income Annual Gross: 80190.00
  • Income Annual Rental: 81000
  • Income Gross Scheduled: 81000
  • Income Includes: Rents
  • Meters: Separate Common Area, Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Professional Services, Fee - Property Tax, Loan - Mortgage, Maintenance - Repair
  • Tenant Expenses: Services - Sewer, Utilities - Electric, Utilities - Water
  • Vacancy Factor: 1

Map

Range of Values:

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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 Pending -- -- --
03/15/2025 03/15/25 For Sale $1,450,000 -- $434 / Sq Ft
Source: MLSListings

Source: MLSListings

MLS Number: ML81998105

MLSListings

APN: 726-11-072