23 Ford St, Watsonville, CA 95076

$1,349,000
3,130
SqFt
List Price
$1,349,000
MLS#
ML81767191
Status
ACTIVE
Sqft. of Residence
3,130
Lot Size
12,284
Listing Area
Watsonville
Year Built
1975

Property Description

7.25% CAP Rate!!! Seller is open to the idea of a possible PROPERTY SWAP. This extensively REMODELED building generates $10,100 per month in RENTAL INCOME!!! That is an annual income of over $120,000 per year. The recent remodel includes completely NEW kitchens, NEW baths, NEW flooring, FRESH PAINT inside and out, UPDATED plumbing and electrical and more. The property consists of five units in total. The building configuration is as follows: One 2 bedroom 1 bath unit and Four 1 bedroom 1 bath units. The property sits on over a QUARTER ACRE in a very centrally located and highly desirable neighborhood in Watsonville. Due to the large lot size, there might be a possibility of future building potential - buyer to verify with the City of Watsonville.

Additional Information

Acres
0.282
Age
44
Amenities
High Ceiling
Cooling System
Other
Foundation
Concrete Perimeter
Garage Parking
Common Parking Area, Off-Street Parking, Parking Area, Room for Oversized Vehicle
Heating System
Wall Furnace
Living Area
3,130
Lot Size
12,284
Neighborhood
Watsonville
Other Utilities
Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
Roof
Composition
Sewer
Sewer - Public
Special Features
Other
Unincorporated Yn
Yes
Zoning
RM

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 Sean Poudrier from Coldwell Banker Residential Brokerage

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