About
Investor Opportunity! Check out this seven unit investment property with all units rented, generating steady cash flows for a strong starting cap rate and there is potential to increase the rent with newly installed storage sheds and a vacant finished approximately 300 square feet attic. The great mix of units comprising of one two bedroom, one bath unit, five one bedroom, one bath units and one large studio unit. Several upgrades made in the last year include a newly installed roof, a remodeled downstairs unit, and a newer asphalt parking area with nine off-street parking spots. The property is in a prime location with convenient access to most everything the community has to offer. It is close in proximity to Downtown Santa Cruz, Boardwalk, beaches and the desirable Seabright neighborhood nearby. UCSC is also just a bus ride or bike ride away. There are few properties that offer investors opportunity comparable to this!
Gallery
Overview
- Price: Offered at $2,100,000
- Living Space: 3136 sq. ft
- Beds: 7
- Baths: 7
- Lot Size: 7275 Sq. Ft.
Virtual Tour
Location
Contact
Cara DeSimone
GRI, REALTOR®
D: 831.818.7320 | cara@carasellshomes.com
CaraSellsHomes.com
CalRE #01215427
GRI, REALTOR®
D: 831.818.7320 | cara@carasellshomes.com
CaraSellsHomes.com
CalRE #01215427