118 Beulah Court, SANTA CRUZ, CA 95060 (MLS # ML81985186)
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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.
| LAST UPDATED | 12/2/2024 | YEAR BUILT | 1963 |
|---|---|---|---|
| COUNTY | Santa Cruz | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| PRICE HISTORY | |
| Prior to Dec 2, '24 | $1,400,000 |
|---|---|
| Dec 2, '24 - Today | $1,368,000 |
| ADDITIONAL DETAILS | |
| LOT | 0.2686 acre(s) |
|---|---|
| LOT DIMENSIONS | 11700.00 |
| SEWER | Septic Tank |
| STORIES | 1 |
| STYLE | Ranch |
| UTILITIES | Propane |
| WATER | Public |
| ZONING | SU |
TOTAL MONTHLY PAYMENT
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. All real estate listings in the MLSListings MLS system are marked with the MLSListings Internet Data Exchange icon (a stylized house inside a circle), and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of 12/6/24 12:08 AM PST. 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.
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This IDX solution is (c) Diverse Solutions 2024.
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