118 Beulah Court
Santa Cruz, CA 95060
1500 sqft | 0.27 acres | #ML81985186
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.
Property Details
- FoundationConcretePerimeter
- Sewer InformationEngineeredSeptic
- Property TypeMulti-Family
- CountySanta Cruz
- Original List Price$1,400,000
- MLS #ML81985186
- MLS #ML81985186
- Cost1368000
- Property SubtypeTriplex
- Acres0.2686
- Utility SourcePublic
- Taxes Annual$9,070
- School DistrictOther
- Square Feet1500
- Year Built1963
- Stories1
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Brandi S. Jones (#ML5073052)
Listing Office: David Lyng Real Estate (#ML35586)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
