$ 1,999,999
-
$1,999,999
Price -
2,685
SqFt -
0.14
Acre
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About the Listing ML35129 - ML5103590
7+ CAP Investment Opportunity! CAP rate above 7 is uncommon for multi-unit properties in Santa Cruz. Fully leased five-unit income property in prime Santa Cruz location. Property consists of a 2-bedroom main home, two detached studios (including a Jr. ADU), and two detached 2-bedroom/1-bath ADUs. All units are currently occupied, providing stable in-place rental income. Conveniently located near Highway 1, Santa Cruz Beach Boardwalk, UCSC, downtown Santa Cruz, and restaurants. Great opportunity for investors seeking a multi-unit investment property in an ideal location.
Listing Highlights for 114 Franklin St
Interior Details
- Appliances:
- Air Cond:
- Heating: Electric
- Fireplaces:
- Floor:
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Zoning: N/A
- Roof: Composition
- Others: 2+ Total Units
- Sewer:
Financial Details
- Tax Amount: $25,000
- Taxes w/Assessments: N/A
- Tax/Property ID: 00823118000
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
114 Franklin St Santa Cruz, CA 95060
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