12869 Highway 9, Boulder Creek, CA 95006

$975,000
3,628
SqFt
List Price
$975,000
MLS#
ML81740894
Status
ACTIVE
Sqft. of Residence
3,628
Lot Size
33,541
Listing Area
Boulder Creek
Year Built
1905

Property Description

The White House: Great income producing property in downtown Boulder Creek on about 3/4 of an acre, sloping up from Highway 9. Bus stop next to property or walk to stores in downtown Boulder Creek. Also a piece of history. The 4-bedroom house has a 'Historic Home' placard. At least 3 of the units have below market rent, since the tenants have lived there for many years. Property provides good cap rate as is, or some units could be upgraded and re-rented for more. All utilities are billed to the landlord, and landlord bills tenants pro-rated. The gross rent of $80,100 does not include the utility payments made by the tenants. The actual gross rent collected is around $92k/year.

Additional Information

Acres
0.77
Age
114
Amenities
High Ceiling
Building Name
The White House
Cooling System
Window / Wall Unit
Floor Covering
Carpet, Vinyl / Linoleum
Foundation
Crawl Space
Garage Parking
Assigned Spaces, Common Parking Area
Heating System
Gas, Wall Furnace
Living Area
3,628
Lot Description
Grade - Gently Sloped
Lot Size
33,541
Neighborhood
Boulder Creek
Other Utilities
Natural Gas
Roof
Composition, Rolled Composition, Tar and Gravel
Sewer
Septic Standard
Special Features
None
Style
Cottage
View
Downtown, Forest / Woods
Zoning
C-2-L

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

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

Listing courtesy of Peter Tiemann from Morgan Real Estate

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