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2925 Freedom Blvd, WATSONVILLE, CA – $1,150,000

  • $1.2M Price
  • 2,621 Sqft
  • .23 Acres
  • $1.2M Price
  • 2,621 Sqft
  • .23 Acres

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2925 Freedom Blvd

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!

Essential Information

  • MLS® #ML81742448
  • Price$1,150,000
  • 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, Public Utilities, Individual Gas Meters

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 $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 July 22nd, 2019 at 1:25am 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.