EXCELLENT INCOME-PRODUCING PROPERTY in Santa Teresa!!!
With 3 income generating units.
Price: $1,599,999
Discover an outstanding Income-Producing Property, Featuring a Fully Permitted ADU in one of Santa Teresa's most sought-after neighborhoods with Highly rated schools.The main residence offers 3 bedrooms and 2 bathrooms with approximately 1,401sq.ft of living space with 2 large seperate family room and Living room and dining area.Recent upgrades include brand-new interior and exterior paint, copper piping, new kitchen appliances and recessed lighting throughout.Fully permitted 600 sq. ft.ADU with its own address features 1 big bedroom,1 bathroom, a comfortable living area, kitchen, laundry and a private entrance which has its own seperate driveway & backyard bringing the total living space to 2,001 sqft. Conveniently located just minutes from county Park,Kaiser, shopping, dining, hiking trails, major freeways, silicon Valley's leading employers!This is a rare opportunity for homeowners and investors.Whether you're looking to offset your mortgage, accommodate extended family,or maximize rental income, this versatile, unique property offers endless possibilities.The garage has been converted into additional living space, offering excellent flexibility for extended living or rental income.At the buyers request, the seller is willing to restore the space to a traditional garage prior to closing
Main property Rental: $4,500+
ADU Rental: $2600+
Garage Rental: $1000
Potential Total Rental Income:$8000/m
Feel free to contact us for more details!