Priced To Sell! Back On Market No Fault Of Seller. Nearly 7.16% 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 11.79 & GRM of 14.15%. Total Monthly Income $7060 Duplex - 3 Br 1 Ba 1100 sq ft & Rents for $2740 & 2 Br 1Ba 850 sq ft & Rents for $2160, 3rd Unit is a Separate 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! New Composition Roof A/B. Property has that Country feel which tenants love but close to freeways heading to beautiful Monterey or Santa Cruz! Close to Everything! Shopping, Colleges, The Beach, Businesses & Silicon Valley is in commute range. This Spectacular Investment Opportunity! PRICED TO SELL! Please Do Not Disturb Tenants!
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
