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23 Ford St, WATSONVILLE, CA – $1,349,000

  • $1.3M Price
  • 3,130 Sqft
  • .28 Acres
  • $1.3M Price
  • 3,130 Sqft
  • .28 Acres

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23 Ford St

7.25% CAP Rate!!! Seller is open to the idea of a possible PROPERTY SWAP. This extensively REMODELED building generates $10,100 per month in RENTAL INCOME!!! That is an annual income of over $120,000 per year. The recent remodel includes completely NEW kitchens, NEW baths, NEW flooring, FRESH PAINT inside and out, UPDATED plumbing and electrical and more. The property consists of five units in total. The building configuration is as follows: One 2 bedroom 1 bath unit and Four 1 bedroom 1 bath units. The property sits on over a QUARTER ACRE in a very centrally located and highly desirable neighborhood in Watsonville. Due to the large lot size, there might be a possibility of future building potential - buyer to verify with the City of Watsonville.

Essential Information

  • MLS® #ML81767191
  • Price$1,349,000
  • Square Footage3,130
  • Acres0.28
  • Year Built1975
  • TypeMulti-Residential
  • Sub-TypeFive or More Units
  • StatusActive

Community Information

  • Address23 Ford St
  • AreaWatsonville
  • CityWATSONVILLE
  • CountySanta Cruz
  • StateCA
  • Zip Code95076

Amenities

  • Parking Spaces15

Utilities

Individual Electric Meters, Individual Gas Meters, Public Utilities, Natural Gas

Interior

  • HeatingWall Furnace
  • CoolingOther

Exterior

  • RoofComposition Roof
  • FoundationConcrete Perimeter

Additional Information

  • ZoningRM

Listing Details

  • AgentSean Poudrier

Office

Coldwell Banker Residential Brokerage

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