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2712 Ferguson Road

Gilroy, CA 95020

$1,899,999

2 Beds | 1 Baths | 1,200 sq. ft.

Status: Active Type: Single Family Residence Area: 699 - Not Defined

Year Built: 1937 School District: Gilroy Unified MLS#: ML82017203

Description

Back on market after the holidays with a $59,000 price improvement. 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 sq ft with 2 bedrooms and 1 bath, currently tenant occupied. The barn conversion is approx. 1,500 sq ft with 1 bedroom and 1 bath, plus a large garage, currently tenant occupied. Additional storage space is leased month-to-month, and the yard was previously leased (currently vacant). Each residence has a separate entrance and fenced yard. Land is leased growing row crops. Property features a shared domestic well. Excellent opportunity for investors or those seeking rural living with strong income potential, just minutes to Gilroy Premium Outlets, Costco, Lowes, and Home Depot, with easy access to Hwy 101 and Hwy 152approximately 40 minutes to Silicon Valley. Buyer to verify all square footage, zoning, land lease terms, water rights, and rental income to their satisfaction.

Features

Heating: Wall Furnace

Cooling: Wall/Window Unit(s)

Structure Type: Other

Association Amenities: N/A

Price/sqft: $1583

Total Floors: 1

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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by Multi-Regional Multiple Listing Service, Inc. ("MRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and MRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.