118 Beulah Court Santa Cruz, CA 95060
Listing Courtesy of: MLSlistings Inc. / David Lyng Real Estate / Brandi Jones - Contact:  831-588-5145

  118 Beulah Court Santa Cruz, CA 95060

Active (35 Days)
$1,368,000

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.

MLS #:
ML81985186
Taxes
$9,070
Lot Size
0.27 acres
Type
Multifamily
Year Built
1963
Style
Ranch
School District
860
County
Santa Cruz County

Listed By

Brandi Jones, DRE #DRE 01385191, David Lyng Real Estate, Contact: 831-588-5145
Source
MLSlistings Inc.
Last checked Dec 10 2024 at 8:54 AM GMT+0000
Bathroom Details
Lot Information
  • Regular
Property Features
  • Foundation: Concrete Perimeter
Heating and Cooling
  • Wall Furnace
  • None
Flooring
  • Laminate
Exterior Features
  • Roof: Composition
Utility Information
  • Utilities: Water - Public, Propane on Site
  • Sewer: Septic Engineered
Garage
  • Common Parking Area
Stories
  • 1
Living Area
  • 1,500 sqft
Additional Information: Pleasure Point | 831-588-5145
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Dec 02, 2024
Price Changed
$1,368,000
-2%
-32,000
Nov 05, 2024
Original Price
$1,400,000
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by David Lyng Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
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