See all photos
Sold

23 Ford ST

23 Ford ST, Watsonville, CA 95076
$1,364,000

Property Summary

  • 3,130 sf Living area
  • 0.28 acres Lot

7.25% CAP Rate!!! Seller is open to the idea of a possible PROPERTY SWAP. This extensively REMODELED building generates $10,100 per month in RENTAL INCOME!!! That is an annual income of over $120,000 per year. The recent remodel includes completely NEW kitchens, NEW baths, NEW flooring, FRESH PAINT inside and out, UPDATED plumbing and electrical and more. The property consists of five units in total. The building configuration is as follows: One 2 bedroom 1 bath unit and Four 1 bedroom 1 bath units. The property sits on over a QUARTER ACRE in a very centrally located and highly desirable neighborhood in Watsonville. Due to the large lot size, there might be a possibility of future building potential - buyer to verify with the City of Watsonville.

Features & Amenities

Area & Lot

Status Sold
Living area 3,130 Sq.Ft.
Lot Size 0.28 Acres
MLS® ID ML81767191
Type: MULTI_FAMILY
Year Built 1975
School District Pajaro Valley Unified

Exterior

Water Source Public
Utilites Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
Roof Composition
Air conditioning Other
Sewer Sewer - Public
Security Features None

Finance

SALES PRICE $1,364,000
REAL ESTATE TAXES $16,863
Zoning RM

Area & Lot

Status Sold
Living area 3,130 Sq.Ft.
Lot Size 0.28 Acres
MLS® ID ML81767191
Type: MULTI_FAMILY
Year Built 1975
School District Pajaro Valley Unified

Exterior

Water Source Public
Utilites Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
Roof Composition
Air conditioning Other
Sewer Sewer - Public
Security Features None

Finance

SALES PRICE $1,364,000
REAL ESTATE TAXES $16,863
Zoning RM

Listing Contact

Work With Sean

Whether you are new to real estate or an experienced buyer or seller, Sean is committed to serving you with the highest levels of integrity, ethics, and quality of service.

Let's Connect