118 Beulah CT, Santa Cruz, CA 95060 - MLS#ML81998737

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Eric Boyenga

e@boyenga.com +1(408) 506-3942

$ 1,358,000

Est. payment | -/mo

3 Beds

3 Baths

1,500 SqFt

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$ 1,358,000

Est. payment | -/mo

Save Virtual Tour

3 Beds

3 Baths

1,500 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $905

MLS Listing ID ML81998737

Style Ranch

Bedrooms 3

Full Baths 3

Originating Board MLSListings, Inc.

Year Built 1963

Lot Size 0.269 Acres

Property Sub-Type Triplex

Property Description

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.

Location

State CA

County Santa Cruz

Area Scotts Valley South

Zoning SU

Interior

Heating Wall Furnace

Cooling None

Flooring Laminate

Exterior

Parking Features Common Parking Area

Garage Spaces 6.0

Utilities Available Propane On Site

Roof Type Composition

Building

Lot Description Regular

Foundation Concrete Perimeter

Sewer Septic Engineered

Water Public

Architectural Style Ranch

Others

Tax ID 067-233-41

Special Listing Condition Not Applicable

Virtual Tour https://sites.dreamhomeimages.com/118beulahct

Listed by Brandi S. Jones • David Lyng Real Estate

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA

118 Beulah CT Santa Cruz, CA 95060