Dramatic price reduction by motivated Seller.12 Br 5 Bths! Incredible and rare opportunity to own turnkey multi-res investment property in a fantastic Santa Cruz location. Close to the ocean, beach, yacht harbor, etc. EASY TO OWN AND MANAGE- as close to a Tripple Net as multi-res gets. Tenants pay owner rent + utility fee + all power (Billed back to the tenant directly from the newly owned state of art solar mini-grid). LOWER EXPENSES.-3 of the 5 units are new homes and come with a 7yr warranty, and tenants pay utilities. Rental income from units 1 and 2 are actual rents for units 3,4, and 5 are proforma. Some Income and Expense numbers are proforma. Projects just completed. The owner is In the process of renting with a local property management company Great value here. Seller reserves the right to accept or reject any offer.
Listing courtesy of Andy Kay from eXp Realty of California Inc. 831-239-9002
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