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Listed by Santiago Renteria • Aldina Real Estate,Inc.
$ 1,565,000
Est. payment | /mo
2,623 SqFt
$ 1,565,000
Est. payment | /mo
2,623 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,623 sqft
Price per Sqft $596
MLS Listing ID ML81986827
HOA Y/N No
Originating Board Datashare MLSListings
Year Built 1889
Lot Size 0.357 Acres
Property Description
This well-maintained, multi-unit property at 119 Ford St offers excellent investment potential in the heart of downtown Watsonville. Situated on a huge lot, this property consists of three tenant-occupied units, providing immediate rental income, with the possibility of expanding further by adding additional units (buyer to verify with the city). The seller has made numerous upgrades, including electrical system improvements, landscaping enhancements, and various repairs throughout to maintain the property's value and functionality. The spacious lot offers a variety of possibilities, whether you're looking to keep the existing units, expand the current buildings, or build new structures to maximize rental income. Located in a convenient, walkable area of downtown Watsonville, this property is close to local amenities, shops, restaurants, schools, and public transportation, making it a prime location for renters and future development. With a mix of charm and growth potential, 119 Ford St is an excellent opportunity for investors seeking a solid income-producing property with room for future growth. Don't miss out on this rare offering!
Location
State CA
County Santa Cruz
Interior
Heating Natural Gas
Cooling No Air Conditioning
Fireplace No
Building
Water Public
Schools
School District Pajaro Valley Unified, Pajaro Valley Unified
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Melanie Peterson-Katz
Partner | Lic# 00890767