257 High Street Santa Cruz, CA 95060
Listing Courtesy of: MLSlistings Inc. / Santa Cruz Office / Terri Mayall
$1,900,000

  257 High Street Santa Cruz, CA 95060

Active (6 Days)

Description

Great opportunity in low inventory environment to invest in a Fourplex. Well located in SC with easy access to commute routes, UCSC and beaches. It is walking/biking distance to downtown shops and restaurants. There are Four 2-bedroom 1-bath units with great established rental history. This fantastic income producing property is approx 10k per month. Off-Street parking, including 2 covered parking spaces and 2 car garage being used for shared storage. Coin operated laundry. One unit has been updated and upon the last turnover got an immediate 30+% increase in rents. Current rents allow new owner upside as they are low for 2BR units in Santa Cruz. Low maintenance and easy to own. This a must see for any Santa Cruz investor or parent of UCSC student.

MLS #:
81902543
Taxes
$5,709
Lot Size
5,619 SQFT
Type
Multifamily
Year Built
1953
School District
840
County
Santa Cruz County
Bathroom Details
Kitchen
  • Refrigerator
  • Oven Range - Gas
  • Exhaust Fan
  • Countertop - Tile
  • Appliances - Vary by Unit
Property Features
  • Foundation: Concrete Perimeter
Heating and Cooling
  • Wall Furnace
  • None
Flooring
  • Vinyl / Linoleum
  • Tile
  • Hardwood
Exterior Features
  • Roof: Shingle
  • Roof: Composition
Utility Information
  • Utilities: Water - Public, Public Utilities, Individual Gas Meters, Individual Electric Meters
  • Sewer: Sewer - Public
Garage
  • Varies by Unit
  • On Street
  • Off-Street Parking
  • Detached Garage
  • Carport
Stories
  • 2
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
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