Historical Multifamily Sale Listing - Clean Santa Cruz 4-Plex

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Clean Santa Cruz 4-Plex

153 Lee Street, Santa Cruz, CA 95060

N/A

4 Units | Multifamily

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Side view of exterior

Multifamily Property - Off Market

Price:
N/A
No. Units:
4
Building Size:
3,072 SF
Property Type:
Multifamily
Property Sub-type:
Duplex/Triplex/Fourplex
Property Use Type:
Investment
Commission Split:
2.5%
Cap Rate:
5.40%
Gross Rent Multiplier:
12.30
Occupancy:
100%
No. Stories:
2
Year Built:
1973
Lot Size:
11,151 SF
APN / Parcel ID:
008-093-17
Parking Ratio:
4 / 1,000 SF
Listing ID
17921304
Last Updated
over 1 year ago

Highlights

  • Low 30-year fixed rate financing available
  • Great location close to bus stop and commuting
  • Renovated and Maintained by Contractor Owner
  • Garden Setting with access to parking via shared driveway in back
  • Predominantly student tenants with 1-year leases and cosigners
  • Coin Operated Washer/Dryer

Description

Nicely updated 4-plex with large 2-bedroom floorplans, some with private yard or balcony. Gas fireplaces in living rooms, individual carports and private storage. Solid student tenant base with cosigning parents for secure leases. Ideal investment opportunity with attractive 30-year financing available for under 4% interest!

Convenient location for commuters and UCSC Students alike! Parking accessed along shared rear driveway.

Map of 153 Lee Street, Santa Cruz, CA 95060 (Santa Cruz County)

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