Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago,
Best multi residential offering available in Santa Cruz
Hi All,
Best multi residential offering available in the county. Two separate duplexes, each built on separate parcels initially, county just combined to one. 1/2 acre parcel, new roofs, exterior paint, garage doors, windows, base rocked driveways, surveyed. All units need interior remodeling/components: flooring, kitchen, baths, paint....likely about $25,000 per unit to have a finished product.
Each unit will have attached garage, and very large yards in good location. Rents are pro forma. Any offers Wed 8/26.
Private: All vacant and needing complete interiors....cash deal. Rents are Pro Forma and units are not rentable in current condition. Asking $1.150M. Estimated ARV somewhere in the $1.4M's range. Offers due by Wed 8/26, seller would consider any strong preemptive offer before deadline. The units have the potential to produce roughly $10,000 per month in total income (for 4 units with large yard and attached garage...plus income from the extra 5th garage).
Keith Johnson
REO/Bank Owned Buyer's Agent
http://www.johnsonk.com
[email protected]
(408) 483-9261
CSR Real Estate Services
5330 Camden Ave.
San Jose, CA 95124
DRE# 01741178
P.S. DON'T KEEP ME A SECRET!
Referrals are the lifeline of my business. If you have a family
member, friend or co-worker that needs my assistance, please feel free
to contact me. I promise to treat them with respect and the highest
level of integrity. Your personal referrals are the greatest
compliment I can receive.
Thank you.