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2925 Freedom Blvd, WATSONVILLE, CA – $999,000

  • $999k Price
  • 2,621 Sqft
  • .23 Acres
  • $999k Price
  • 2,621 Sqft
  • .23 Acres

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2925 Freedom Blvd

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!

Essential Information

  • MLS® #ML81742448
  • Price$999,000
  • Square Footage2,621
  • Square FootageOther
  • Acres0.23
  • Year Built1927
  • TypeMulti-Residential
  • Sub-TypeTriplex
  • StatusActive

Community Information

  • Address2925 Freedom Blvd
  • AreaLarkin Valley
  • CityWATSONVILLE
  • CountySanta Cruz
  • StateCA
  • Zip Code95076

Amenities

  • Parking Spaces6

Utilities

Individual Electric Meters, Individual Gas Meters, Public Utilities

Interior

  • CoolingNo Cooling

Heating

Wall Furnace, Central Forced Air Heat, Electric Heat

Exterior

  • RoofComposition Roof
  • FoundationCrawl Space

Additional Information

  • ZoningSU

Listing Details

  • AgentDeborah Brannon
  • OfficePremier Agent Network
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Price Change History for 2925 Freedom Blvd, WATSONVILLE, CA (MLS® #ML81742448)

Date Details Price Change
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%)

© 2019 MLSListings Inc. All rights reserved. Based on information from MLSListings MLS as of September 16th, 2019 at 8:25am CDT.
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.