609 Ord St, Aptos, CA 95003

$1,585,000
4,062
SqFt
Sold Price
$1,585,000
List Price
$1,695,000
Closing Date
May 17, 2019
MLS#
ML81737634
Status
SOLD
Zoning
R-1-4
Sqft. of Residence
4,062
Lot Size
11,151
Listing Area
Seacliff

Property Description

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!

Additional Information

Acres
0.256
Age
54
Amenities
None
Cooling System
None
Floor Covering
Carpet, Hardwood, Laminate, Tile, Vinyl / Linoleum
Foundation
Concrete Perimeter
Garage Parking
Common Parking Area, Covered Parking, Off-Street Parking, Room for Oversized Vehicle
Heating System
Gas, Wall Furnace
Laundry Facilities
Coin Operated
Living Area
4,062
Lot Size
11,151
Neighborhood
Seacliff
Other Utilities
Individual Electric Meters, Natural Gas, Public Utilities
Roof
Composition, Other
Sewer
Sewer - Public
Special Features
None
Stories
2
Style
Flat, Traditional
Total Number Of Units
3
Unincorporated Yn
Yes
Zoning
R-1-4

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Murphy Team from Keller Williams-Santa Cruz

Selling Office: C21MM.

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