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Listed by Peter Cook • Lighthouse Realty, DRE#01223810
$1,495,000
Est. payment /mo
3 Beds
2 Baths
4,350 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,350 sqft
Price per Sqft $343
MLS Listing ID ML82054887
Bedrooms 3
Full Baths 2
Year Built 1890
Lot Size 7,754 Sqft
Property Sub-Type Five or More Units
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.
Location
State CA
County Santa Cruz
Area Watsonville
Zoning MR
Interior
Heating Wall Furnace
Cooling None
Laundry Coin Operated
Exterior
Parking Features On Street
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Composition
Building
Lot Description Grade - Level
Foundation Concrete Perimeter
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 018-551-01-000
Security Features None
Special Listing Condition Not Applicable
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