406 E 5th Street, Watsonville, CA, CA 95076
- $1,495,000
- List Price
- $1,495,000
- Status
- ACTIVE
- MLS#
- ML82054887
- County
- Santa Cruz
- Zoning
- MR
- Year Built
- 1890
- Square Feet
- 4,350
- Lot Size (acres)
- 0.178
- Lot Location
- Level
- Days on Market
- 8
- Property Type
- Commercial
Property Description
Well maintained 8 unit apartment building in the heart of Watsonville. 642 Lincoln Street is a 6 unit building and 406 E 5th is a duplex, all on one parcel. Units have been updated with newer electric panels and wall heaters. Units have separate gas and electric meters. Most kitchens, bathrooms have been updated, along with newer flooring and dual pane windows. Long term tenants with low rents and no vacancy for many years. Please do not disturb the tenants. Separate laundry room with coin operated machines. This is an excellent investment for buyers looking for stable cash flow and long term upside.
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Additional Information
- Taxes
- $17,940
- Parcel Number
- 01855101000
- Gross Scheduled Income
- $144,646
- Lot Features
- Level
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- None
- Roof
- Composition
- Water
- Public
- School District
- Other
Listing courtesy of Listing Agent: Peter Cook (peter@lighthouserealty.net) from Listing Office: Lighthouse Realty.
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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.