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.
Days on market: 29
Listing updated: April 18, 2025 - 06:42:04
Listed by: Brandi S. Jones DRE #01385191 831-429-5700, David Lyng Real Estate - MLSListings
Source: MLSListings, MLS#: ML35586 Originating MLS: CRMLS
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