Looking for Passive Income- Check out this charming Santa Cruz Triplex. Unlock the potential for long-term financial security and generational wealth with this exceptional Santa Cruz triplex that is fully rented and in excellent condition. Three one-bedroom, one-bathroom units, with open parking and common area. The current owner has fostered an environment that has garnered long term renters, creating a harmonious relationship between tenants and property that ensures consistent care and maintenance. Recent upgrades, including newer 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.
Assessed Value is a combination of the land and additions.
2023
$10,415
(+1.56%)
$875,683
Land 613,536 +
Additions 262,147
2022
$10,255
(+2.94%)
$858,512
Land 601,505 +
Additions 257,007
2021
$9,962
(+2.17%)
$841,679
Land 589,711 +
Additions 251,968
2019
$9,750
(+7.22%)
$833,049
Land 583,665 +
Additions 249,384
2018
$9,094
(+133.47%)
$816,714
Land 572,220 +
Additions 244,494
2016
$3,895
$331,100
Land 193,968 +
Additions 137,132
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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