Own a 50% interest in approximately 7 acres in unincorporated Gilroy. This proposed tenants-in-common (TIC) sale offers a buyer the opportunity to own an undivided half interest in the property, with use of the existing home and designated outdoor areas to be defined in a written TIC agreement. The property offers a rural setting with a seasonal stream, a shared well, two septic systems, separate electrical meter positions, and plans for a second home of approximately 4,500 square feet. The seller intends to retain the other 50% interest and develop the second home. An opportunity for a buyer who wants acreage and a home while sharing ownership of the larger property. Ask for the property information and proposed TIC terms. Buyer to verify permits, improvements, occupancy status, permitted uses, and financing options.
Listing courtesy of Listing Agent: Jace Hider (realjacehider@gmail.com) from Listing Office: Real Brokerage Technologies.
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.