Description
Great opportunity in low inventory environment to invest in a Fourplex. Well located in SC with easy access to commute routes, UCSC and beaches. It is walking/biking distance to downtown shops and restaurants. There are Four 2-bedroom 1-bath units with great established rental history. This fantastic income producing property is approx 10k per month. Off-Street parking, including 2 covered parking spaces and 2 car garage being used for shared storage. Coin operated laundry. One unit has been updated and upon the last turnover got an immediate 30+% increase in rents. Current rents allow new owner upside as they are low for 2BR units in Santa Cruz. Low maintenance and easy to own. This a must see for any Santa Cruz investor or parent of UCSC student.
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0BEDS
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0.13ACRES
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0BATHS
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01/2 BATHS
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3,978SQFT
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$478$/SQFT
Description
Great opportunity in low inventory environment to invest in a Fourplex. Well located in SC with easy access to commute routes, UCSC and beaches. It is walking/biking distance to downtown shops and restaurants. There are Four 2-bedroom 1-bath units with great established rental history. This fantastic income producing property is approx 10k per month. Off-Street parking, including 2 covered parking spaces and 2 car garage being used for shared storage. Coin operated laundry. One unit has been updated and upon the last turnover got an immediate 30+% increase in rents. Current rents allow new owner upside as they are low for 2BR units in Santa Cruz. Low maintenance and easy to own. This a must see for any Santa Cruz investor or parent of UCSC student.
Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-14T11:27:45.443. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Bathurst Coastal Properties | Compass. Licensed in the State of California, USA.