How many times have you wished for a home to own with [legal!] rental units to help offset the cost? This triplex is the perfect solution: a large 4bd home plus separate twin 3bd/2bath duplex units all on one large parcel AND in Seacliff to boot! Plenty of opportunities here for income property, extended family living, investment, etc. The large single level home shines with recent extensive improvements including a new kitchen and refurbished wood floors. The duplex units are spacious with on-site laundry, plenty of parking and have enjoyed regular maintenance. Ord is a tucked-away nook of the Seacliff neighborhood just a short walk to the beach and all the charms of central Seacliff. Per seller the market rents for the units are approx $4100 + $3200 + $3100, making for a projected GRM 13.50 of and Cap rate at 5.5%. As an investment, this property is a workhorse! Or configured as a family compound, you'll rarely come across another an in-town parcel with this unique arrangement!
Listing courtesy of Murphy Team from Keller Williams-Santa CruzSelling Office: C21MM.
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