313 Raymond Street, Santa Cruz, CA 95060
List Price: $1.9M
Listing Status: Active
Original List Price: $2M
0Days on Market: 86
0 Bedrooms · 0 Bathrooms
Property Type: CommercialSale
Year Built: 1898
Lot Size: 3,180 sq ft
Annual Property Tax: $15,126
MLS Number: ML82033319
About This Property
Upside Potential! Great investment opportunity for 5 unit apartment building with 4- 1 bedroom 1 bath and 1- 2 bedrooms 1 baths in a redeveloping area with many new luxury hotels and restaurants in the area along with the beach, wharf and downtown- 5.8 miles to UCSC-ideal for bicycling, surfing, dining. Property is fully fenced with a courtyard to relax or bbq in. It has separate electric meters, ceiling fans, recessed lighting and partially updated kitchens and baths. Shows good income. Rents appear under market value and potential for higher cap rate with self management. Fully occupied.
Listing provided by: Suzanne Teixeira DRE #00923308 831-464-5310 steixeira.re@gmail.com, Intero Real Estate Services
Source: CRMLS, MLS #: ML82033319
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.