$1,550,000 Listed for $1,795,000

  • 6437 sqft
  • Commercial /Five or More Units
  • Closed Sale
ADDRESS NOT FOUND, Watsonville, CA for sale.
ADDRESS NOT FOUND, Watsonville, CA for sale.
Courtesy of Sereno Group
Rare Opportunity to purchase a solid and straight forward investment property. Offers Six 2 bedroom apartments with private balconies and/or yards, and a 4 bedroom single family home. Total of 19 parking spaces, which include four 3 car carports. Add value opportunity due to current rents being significantly low. Projected rental income is $185,844, based on SC County Housing Authority payment standards (2bdrm-$2063 / 4bdrm-$3109 per month). Located in high demand rental area. No Rent Control. Walking distance to Downtown Watsonville, Cabrillo College, public transportation and local schools. Easy freeway access to Highways 1, 152, and 129.
Last updated on 9/22/2018
Courtesy of Sereno Group

More Details for 116 ELM STREET

Property Class: Commercial Multi-Residential
Listing Status: Closed Sale
City: Watsonville
State: CA
Zip: 95076
Area: 56 - Watsonville
County: Santa Cruz
Class: Commercial
Property Subtype: Five or More Units
Approx Lot Size: 0.365
REO/Bank Owned:No
Close Date: 8/24/2018
Property Sub Type Descr: Five or More Units
Parking Total:6.00
Living Area (SqFt): 6437 sqft
Lot Size Area Sq Feet: 15899.00
Lot Size Area Acres: 0.36499
Property Tax: $9,924
REO/ Bank Owned: No
Short Sale:N/A
Listing#: 81693058
Parcel Number: 01719241000
Year Built: 1994
List Date: 2/19/2018

Features for 116 ELM STREET

Cooling: None
Foundation: Other
Heating: Gas
Utilities Water: Public
Disability Features: None
Floors: Carpet
Lot Desc: Grade - Level, Regular
Utilities Sewer: Sewer - Public
Exterior Features: Fenced, Low Maintenance
Garage Style: Guest / Visitor Parking, Off-Street Parking
Roof: Tile

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