CA > Watsonville
Watsonville, CA 95076,23 Ford ST
Watsonville, CA 95076,23 Ford ST
Watsonville, CA 95076,23 Ford ST
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Listed by Ruth Bates • Compass
$2,499,000
Est. payment /mo
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5 Beds
3 Baths
4,878 SqFt
Price Dropped by $376K

23 Ford ST Watsonville, CA 95076

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Brielle Bariteau

Brielle Bariteau

+1(831) 643-5965

UPDATED:

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 4,878 sqft

Price per Sqft $512

MLS Listing ID ML82002701

Bedrooms 5

Full Baths 3

Year Built 2024

Lot Size 0.282 Acres

Property Sub-Type Five or More Units

Property Description

5.84% CAP RATE! Two brand new (May 2024) 750 Sq. Ft. 2-bedroom/2-bath townhomes, all electric with solar, heatpump, all new everything! Plus Main Building with 5 units ( four 1-bedroom, 1- two-bedroom) that have all been remodeled over the past 5 years (new kitchens, new baths, new flooring, fresh paint, updated plumbing and electric). 3 units just had new flooring and bathrooms installed. On-site parking for all units. This property currently generates $218,820 in Annual Gross Rents ($182,35/month) and a Net Operating Income of $145763 per year resulting in a 5.8% Cap Rate. Tenants would very much like to stay. Property Management firm is in place to make this an easy transition for you.

Location

State CA

County Santa Cruz

Area Watsonville

Zoning Multi-Res

Interior

Heating Electric, Other

Cooling None

Exterior

Parking Features Off-Street Parking

Utilities Available Public Utilities

Roof Type Composition

Building

Foundation Concrete Perimeter and Slab

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 018-142-03-000

Security Features None

Special Listing Condition Not Applicable

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agent

Brielle Bariteau

Owner CEO | REALTOR | Certified Property Manager | Certified Transaction Coordinator | License ID: 02049882

+1(831) 643-5965

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