136 Market Street, Santa Cruz, CA, CA 95062

$1,785,000
2,250
SqFt

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List Price
$1,785,000
Status
ACTIVE
MLS#
ML82051657
County
Santa Cruz
Year Built
1976
Building Square Feet
2,250
Square Feet
9,409
Days on Market
40
Property Type
Multifamily

Property Description

Outstanding rental property investment opportunity in central Santa Cruz! Well maintained triplex with many recent improvements, highly desirable two-bedroom apartments, and a strong rental history. Ideally located near the rapidly growing downtown area with a Very walkable and Bikers Paradise rating that offers easy access to restaurants, shops, Whole Foods Market, Highway 1, the pier, Boardwalk, and beaches. Each unit has a private outdoor patio area and rare attached two-car garage that provides ample options for off-street parking, storage, and bonus living space. Lower operating expenses due to recent improvements and the potential for long-term value appreciation make this an excellent investment opportunity in a prime Santa Cruz location. Recent improvements include a newer roof, exterior paint job, sewer lateral replacement, water main replacement, newer water heaters, and interior flooring updates. Triplexes in Santa Cruz with this excellent condition, desirability, and long-term stability are rare in Santa Cruz. Don't miss this opportunity!

Additional Information

Taxes
$3,010
Parcel Number
00833323
Gross Scheduled Income
$117,144
Number of Buildings
1
Appliances
Dishwasher, Disposal, Refrigerator, Range Hood
Heat
Electric
Cooling
Yes
Roof
Shingle
Garage Spaces Total
6
Sewer
Public Sewer
Water
Public
School District
Other
Elementary School
Other
Middle School
Other
High School
Santa Cruz

Listing courtesy of Listing Agent: Marshall Keneipp (mdkeneipp@gmail.com) from Listing Office: Miritz & Bailey Real Estate, Inc.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.