$ 1,400,000
118 Beulah CT Santa Cruz, CA 95060
Schedule a Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,400,000
Est. payment /mo
Active
118 Beulah CT Santa Cruz, CA 95060
1,500 SqFt
UPDATED:
11/27/2024 03:37 PM
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,500 sqft
Price per Sqft $933
MLS Listing ID ML81985186
HOA Y/N No
Year Built 1963
Annual Tax Amount $9,070
Lot Size 0.269 Acres
Property Description
Build Wealth with This Santa Cruz Triplex. Unlock the potential for long-term financial security and generational wealth with this exceptional Santa Cruz triplex. Featuring three one-bedroom, one-bathroom units, this property offers a proven long-term rental history. The current owner has fostered an environment of affordability and respect, creating a harmonious relationship between tenants and property that ensures consistent care and maintenance. Recent upgrades, including new flooring, appliances, and an engineered septic system, make this a low-maintenance investment, while its prime location provides privacy, accessibility, and an excellent commute. With market rents professionally estimated near $2,349 per unit, theres immediate potential for increased cash flow. Adjustments to the financials, such as transitioning tenant utilities like trash and water to tenant responsibility, can further boost your rate of return or CAP rate. Owning a triplex can generate consistent income as well as setting the foundation for long-term wealth. Dont miss this chance to make a sound investment in your legacy. Do not disturb tenantsschedule your viewing today and take the first step toward building generational wealth.
Location
State CA
County Santa Cruz
Area 699 - Not Defined
Zoning SU
Interior
Heating Wall Furnace
Cooling None
Flooring Laminate
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Accessibility Parking
Total Parking Spaces 6
Building
Story 1
Foundation Concrete Perimeter
Sewer Engineered Septic
Water Public
Architectural Style Ranch
Schools
School District Other
Others
Tax ID 06723341
Special Listing Condition Standard
Listed by Brandi S. Jones • David Lyng Real Estate