2925 Freedom Blvd, Watsonville, CA 95076

$1,150,000
2,621
SqFt
List Price
$1,150,000
Price Change
▼ $49,000 1562022953
MLS#
ML81742448
Status
ACTIVE
Zoning
SU
Sqft. of Residence
2,621
Lot Size
10,019
Listing Area
Larkin Valley

Property Description

Nearly 6% Cap Rate! Beautiful Occupied Triplex! Great Investment Property! Income from Units Is High! Cash Flow! If a Tenant gives notice you can fill before they even move. Each Unit has its own Private Yard which tenants maintain, making it a Simple Managed Property with a Low Cost Basis! Great Cap Rate 5.96 & GRM of 14.15%. Total Monthly Income $7060 Duplex boasts a 3 Br 1 Ba 1100 sq ft & Rents for $2740 & 2 Br 1 Ba 850 sq ft & Rents for $2160, 3rd Unit is a Separate Residence 2 Br 1 Ba 800 sq ft & Rents for $2160. Each Unit has been Renovated at different times over the years and they all have been very well maintained! Each Unit has a New Composition Roof. Property has that Country feel which tenants love but in minutes you are on the freeway heading to beautiful Monterey or Santa Cruz! Close to Everything! Shopping, Colleges, The Beach, Businesses & Silicon Valley is within a commute range. This Spectacular Investment Opportunity Will Sell Quickly! Please Do Not Disturb Tenants!

Additional Information

Acres
0.23
Age
92
Cooling System
None
Floor Covering
Carpet, Laminate, Tile, Vinyl / Linoleum
Foundation
Crawl Space
Garage Parking
Parking Area
Heating System
Central Forced Air, Electric, Wall Furnace
Laundry Facilities
Hookups Only
Living Area
2,621
Lot Size
10,019
Neighborhood
Larkin Valley
Other Rooms
Storage
Other Utilities
Individual Electric Meters, Individual Gas Meters, Public Utilities
Roof
Composition
Sewer
Sewer - Public
Special Features
Parking
Total Number Of Units
3
Zoning
SU

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 Deborah Brannon from Premier Agent Network

board logoBased on information from MLSListings MLS as of 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.


Copyright 2019 MLSListings Inc. All rights reserved