2925 Freedom Blvd, Watsonville, CA 95076

$882,000
2,621
SqFt
Sold Price
$882,000
List Price
$999,000
Closing Date
Nov 08, 2019
MLS#
ML81742448
Status
SOLD
Zoning
SU
Sqft. of Residence
2,621
Lot Size
10,019
Listing Area
Larkin Valley

Property Description

Priced To Sell! Back On Market No Fault Of Seller. Nearly 7.16% 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 11.79 & GRM of 14.15%. Total Monthly Income $7060 Duplex - 3 Br 1 Ba 1100 sq ft & Rents for $2740 & 2 Br 1Ba 850 sq ft & Rents for $2160, 3rd Unit is a Separate 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! New Composition Roof A/B. Property has that Country feel which tenants love but close to freeways heading to beautiful Monterey or Santa Cruz! Close to Everything! Shopping, Colleges, The Beach, Businesses & Silicon Valley is in commute range. This Spectacular Investment Opportunity! PRICED TO SELL! 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

Selling Office: S0088.

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