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$1,565,000
Est. payment /mo
2,623 SqFt
UPDATED:
12/08/2024 12:50 PM
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,623 sqft
Price per Sqft $596
MLS Listing ID ML81986827
HOA Y/N No
Year Built 1889
Annual Tax Amount $15,420
Lot Size 0.357 Acres
Property Description
This well-maintained, multi-unit property at 119 Ford St offers excellent investment potential in the heart of downtown Watsonville. Situated on a huge lot, this property consists of three tenant-occupied units, providing immediate rental income, with the possibility of expanding further by adding additional units (buyer to verify with the city). The seller has made numerous upgrades, including electrical system improvements, landscaping enhancements, and various repairs throughout to maintain the property's value and functionality. The spacious lot offers a variety of possibilities, whether you're looking to keep the existing units, expand the current buildings, or build new structures to maximize rental income. Located in a convenient, walkable area of downtown Watsonville, this property is close to local amenities, shops, restaurants, schools, and public transportation, making it a prime location for renters and future development. With a mix of charm and growth potential, 119 Ford St is an excellent opportunity for investors seeking a solid income-producing property with room for future growth. Don't miss out on this rare offering!
Location
State CA
County Santa Cruz
Area 699 - Not Defined
Zoning Multi Unit
Interior
Cooling None
Fireplace No
Appliance Refrigerator
Exterior
Parking Features Off Street
Garage Spaces 2.0
Garage Description 2.0
View Y/N No
Roof Type Composition
Accessibility None
Total Parking Spaces 3
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Traditional
Schools
School District Other
Others
Tax ID 01814104000
Special Listing Condition Standard
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Listed by Santiago Renteria • Aldina Real Estate,Inc.