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!
Individual Electric Meters, Public Utilities, Individual Gas Meters
Wall Furnace, Central Forced Air Heat, Electric Heat
|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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