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!
Individual Electric Meters, Individual Gas Meters, Public Utilities
Wall Furnace, Central Forced Air Heat, Electric Heat
|Price Reduced||$999,000||$101,000 (9.18%)|
|Price Reduced||$1,100,000||$50,000 (4.35%)|
|Price Reduced||$1,150,000||$49,000 (4.09%)|
|Price Reduced (from $1,295,000)||$1,199,000||$96,000 (7.41%)|
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