Aptos, CA 95003,609 Ord Street

$1,585,000

$1,695,000

6.5%
Est.Price: ?

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Est. payment /mo

10 Beds

4,062 SqFt


SOLD DATE : 05/17/2019

Key Details

Sold Price $1,585,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 4,062 sqft

Price per Sqft $390

MLS Listing ID ML81737634

Sold Date 05/17/19

Bedrooms 10

HOA Y/N No

Year Built 1965

Lot Size 0.256 Acres

Acres 0.26

Property Description

How many times have you wished for a home to own with [legal!] rental units to help offset the cost? This triplex is the perfect solution: a large 4bd home plus separate twin 3bd/2bath duplex units all on one large parcel AND in Seacliff to boot! Plenty of opportunities here for income property, extended family living, investment, etc. The large single level home shines with recent extensive improvements including a new kitchen and refurbished wood floors. The duplex units are spacious with on-site laundry, plenty of parking and have enjoyed regular maintenance. Ord is a tucked-away nook of the Seacliff neighborhood just a short walk to the beach and all the charms of central Seacliff. Per seller the market rents for the units are approx $4100 + $3200 + $3100, making for a projected GRM 13.50 of and Cap rate at 5.5%. As an investment, this property is a workhorse! Or configured as a family compound, you'll rarely come across another an in-town parcel with this unique arrangement!

Location

State CA

County Santa Cruz

Zoning R-1-

Interior

Heating Natural Gas, Wall Furnace

Cooling No Air Conditioning

Flooring Hardwood, Laminate, Tile, Carpet

Fireplace No

Laundry Coin Operated

Building

New Construction No

Schools

School District Pajaro Valley Unified

Others

Tax ID 03807504000

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Bridge MLS
Listed by Keller Williams Realty Santa Cruz
Bought with Max K.Nosrati
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