Watsonville, CA 95076,805 Lincoln ST
Watsonville, CA 95076,805 Lincoln ST
Watsonville, CA 95076,805 Lincoln ST
Watsonville, CA 95076,805 Lincoln ST
Watsonville, CA 95076,805 Lincoln ST
Watsonville, CA 95076,805 Lincoln ST
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$1,775,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

7 Beds

4.5 Baths

5,147 SqFt


SOLD DATE : 12/06/2022

Key Details

Sold Price $1,775,000

Property Type Multi-Family

Sub Type Five or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 5,147 sqft

Price per Sqft $344

MLS Listing ID ML81909273

Style Spanish

Bedrooms 7

Full Baths 4

Half Baths 1

Year Built 1919

Lot Size 0.404 Acres

Property Sub-Type Five or More Units

Property Description

Unique opportunity to own a value-add Multi-Family rental property featuring one duplex and four stand-alone houses each with private yard space and all perfectly situated on a 17,598 +/- sq ft lot (Six total rentable units). Great mix of units ranging from approx. 633 sq ft to 1,848 sq ft. Corner lot with two homes on Palm Avenue, two homes on Lincoln Street, and the duplex located inside the courtyard walls. Great location approx. 1 mile from downtown Watsonville. Close proximity to E.A Hall Middle School, Watsonville High school and down the street from Callaghan Park. Current cap rate is 5.3% with upside potential! Most units have long term tenants with zero vacancy over the years! No rent control! All tenants have assigned parking, few units have driveway parking and plenty of street parking. Easy access to highway 1, 152 and 129.

Location

State CA

County Santa Cruz

Area Watsonville

Zoning Apartment

Interior

Heating Floor Furnace , Forced Air, Wall Furnace

Cooling None

Flooring Carpet, Stone, Tile

Laundry Washer/Dryer - Some Units

Exterior

Parking Features Assigned Spaces, On Street

Garage Spaces 6.0

Utilities Available Individual Electric Meters

Roof Type Tile

Building

Foundation Concrete Perimeter and Slab

Sewer Sewer - Public

Water Public

Others

Special Listing Condition Not Applicable

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MLS Listing IDX PLUS
Listed by Greg Simpson • KW Bay Area Estates
Bought with Raeid Farhat • W2140
agent-avatar

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA

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