Mark E. Devlin
Mark Devlin
408-309-4129408-309-4129

23 Ford ST, WATSONVILLE, CA 95076 (MLS # ML81767191)

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PRICE $1,349,000
SIZE 3,130 sq ft
LOT SIZE 12,283 sqft

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.

LAST UPDATED 9/5/2019 YEAR BUILT 1975
COMMUNITY Watsonville COUNTY Santa Cruz
STATUS Active PROPERTY TYPE(S) Commercial Multi-Residential (5+ units)


ADDITIONAL DETAILS
ADDITIONAL LISTING INFO Not Applicable
AMENITIES MISC. High Ceiling
COOLING Other
FOUNDATION Concrete Perimeter
GARAGE SPACES 0
GARAGEPARKINGSPACES Common Parking Area, Off-Street Parking, Parking Area, Room for Oversized Vehicle
HEATING Wall Furnace
KITCHEN Oven Range, Refrigerator
LISTING CLASS Commercial Multi-Residential (5+ units)
LISTING SERVICE Full Service
METERS Master Water, Separate Electric, Separate Gas
NUMBER OF BUILDINGS 1
PARKING SPACES 15
RESTRICTIONS None
ROOF Composition
SECURITY FEATURES None
SEWER SEPTIC Sewer - Public
SPECIAL FEATURES Other
SUBCLASS Five or More Units
UTILITIES Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
WATER Public
YEAR BUILT 1975
ZONING TEXT RM
Listing provided by Sean Poudrier, Coldwell Banker Residential Brokerage

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. All real estate listings in the MLSListings MLS system are marked with the MLSListings Internet Data Exchange icon (a stylized house inside a circle), and detailed information about them includes the names of the listing brokers and listing agents.

 

Based on information from MLSListings MLS as of 9/19/19 4:59 PM PDT. 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.

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ZESTIMATE
23 Ford ST, WATSONVILLE, CA

RENT ZESTIMATE
$ / mo.  23 Ford ST, WATSONVILLE, CA

86 Very Walkable



 
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