$1,785,000
Outstanding rental property investment opportunity in central Santa Cruz! Well maintained triplex with many recent improvements, highly desirable two-bedroom apartments, and a strong rental history. Ideally located near the rapidly growing downtown area with a Very walkable and Bikers Paradise rating that offers easy access to restaurants, shops,… Read More Whole Foods Market, Highway 1, the pier, Boardwalk, and beaches. Each unit has a private outdoor patio area and rare attached two-car garage that provides ample options for off-street parking, storage, and bonus living space. Lower operating expenses due to recent improvements and the potential for long-term value appreciation make this an excellent investment opportunity in a prime Santa Cruz location. Recent improvements include a newer roof, exterior paint job, sewer lateral replacement, water main replacement, newer water heaters, and interior flooring updates. Triplexes in Santa Cruz with this excellent condition, desirability, and long-term stability are rare in Santa Cruz. Don't miss this opportunity! Read Less
Property listed by Miritz & Bailey Real Estate, Inc, Marshall Keneipp 310-259-7556
Listing Snapshot
Days Online
0
Last Updated
Property Type
Triplex
Square Ft.
2,250
Lot Size
0.22 Acres
Year Built
1976
MLS Number
ML82051657
Additional Details
Appliances & Equipment
Dishwasher, Disposal, Refrigerator, RangeHood
Building
Built in 1976, Living area: 2250.0, 1 building, 1 storey
Cooling
None
Accessibility Features
None
Expenses
Insurance: $3,487, Maintenance: $3,000
Floors
Carpet, Laminate
Garage
6 spaces
Heating
Electric
Income
Gross ScheduledIncome: $117,144
Lot
0.216 acres
Roof
Shingle
Sewer
PublicSewer
Taxes
Parcel Number: 00833323, Annual Amount: $3,010, Zoning: R-1-5
Utilities
Water Source: Public
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Michael Harby
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Listing Information © California Regional MLS. All Rights Reserved.
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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