$ 2,900,000
-
$2,900,000
Price -
5,756
SqFt -
0.32
Acre
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About the Listing ML88226 - ML478729,ML5107570
$400,000 PRICE REDUCTION! Offered at $2,900,000, 119 Clay Street presents an opportunity to acquire a 10-unit apartment property in Santa Cruz. The property features a desirable unit mix of eight (8) one-bedroom and two (2) two-bedroom apartments, with an in-place 5.88% cap rate and 10.71 GRM. The property offers strong current income with upside potential through future rent growth in Santa Cruz's competitive rental market.
Listing Highlights
Status
Active
Days on Site
37
Property Type
Commercial Sale
MLS ®
ML82062896
Year Built
1964
Total Square Footage
5,756
Lot/Acreage
0.32
Interior Details
- Appliances:
- Air Cond:
- Heating: Wall Furnace
- Fireplaces:
- Floor:
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: RM
- Roof: Composition
- Others:
- Sewer:
Financial Details
- Tax Amount: $41,821
- Taxes w/Assessments: N/A
- Tax/Property ID: 00740213000
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
Listing ML82062896 Santa Cruz, CA 95060
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