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Listed by Suzanne Teixeira • Intero Real Estate Services
$1,895,000
Est. payment /mo
2,244 SqFt
Active
313 Raymond Street Santa Cruz, CA 95060
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 2,244 sqft
Price per Sqft $844
MLS Listing ID ML82033319
HOA Y/N No
Year Built 1898
Lot Size 3,180 Sqft
Property Sub-Type Other
Source Datashare MLSListings
Property Description
Upside Potential! Great investment opportunity for 5 unit apartment building with 4- 1 bedroom 1 bath and 1- 2 bedrooms 1 baths in a redeveloping area with many new luxury hotels and restaurants in the area along with the beach, wharf and downtown- 5.8 miles to UCSC-ideal for bicycling, surfing, dining. Property is fully fenced with a courtyard to relax or bbq in. It has separate electric meters, ceiling fans, recessed lighting and partially updated kitchens and baths. Shows good income. Rents appear under market value and potential for higher cap rate with self management. Fully occupied.
Location
State CA
County Santa Cruz
Interior
Heating Natural Gas, Wall Furnace
Cooling None
Flooring Laminate
Fireplace No
Appliance Refrigerator
Building
Lot Description Level
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