2925 Freedom Blvd

    Watsonville, CA 95076
    • $1,150,000
    • STATUS: Active
    • ON SITE: 129 days
    • ID#: ML81742448
    UPDATED: 55 min ago
    $1,150,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,621
      SQFT
    • $439
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1927
    County:

    School Ratings & Info

    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!

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    © 2019 MLSListings Inc. Based on information from MLSListings MLS as of 2019-07-21T14:49:05.927. 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. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Strock Real Estate.

    Licensed in the State of California.
    www.strockrealestate.com/homes/92657557

    2925 Freedom Blvd Watsonville, CA 95076

    • Price: $1,150,000
    • Status: Active
    • Updated: 55 min ago
    • ID#: ML81742448
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    2,621
    SQFT
    $439
    $/SQFT
    1927
    Built
    Neighborhood:
    Larkin Valley
    County:
    Santa Cruz
    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!
    Exterior Features

    Foundation Crawl Space Garage Parking Parking Area Number Of Buildings 3 Pool YN No Roof Composition

    Interior Features

    Additional Rooms Storage Beds Unit1 3 Beds Unit2 2 Beds Unit3 2 Cooling None Flooring CarpetLaminateTileVinyl / Linoleum Heating Central Forced AirElectricWall Furnace Kitchen Features Appliances - Vary By UnitCountertop - TileHood Over RangeRefrigerator Laundry Hookups Only Sq Ft Unit1 1100 Sq Ft Unit2 850 Sq Ft Unit3 794 Structure Sq Ft 2621

    Property Features

    Accessibility Features Parking Additional Listing Info Not Applicable City Limits No City Name Watsonville Hoa YN No Horse Property YN No Incorporated Yes Lot Size Area Maximum 10019.00 Meters Master WaterSeparate ElectricSeparate Gas Property Sub Type Triplex Rent Unit1 2740 Rent Unit2 2160 Rent Unit3 2160 Security Features None Sewer Septic Sewer - Public Sq Ft Source Other Utilities Individual Electric MetersIndividual Gas MetersPublic Utilities Water Public Zoning Su

    © 2019 MLSListings Inc. All rights reserved. Listing provided courtesy of Deborah Brannon of Premier Agent Network.


    © 2019 MLSListings Inc. Based on information from MLSListings MLS as of 2019-07-21T14:49:05.927. 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. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Strock Real Estate.

    Licensed in the State of California.
     
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    Aptos CA, 95003