PRICE REDUCTION...NO RENT CONTROL...Remodeled 4 Unit Property in the Prestigious Area of Depot Hill in Capitola...one of the most desirable areas in Santa Cruz County...steps from the ocean and Capitola Village. The property offers so much to Buyers including...4 beautifully remodeled units totaling approximately 2700 sq.ft. consisting of one 2 bedroom unit and three 1 bedroom units...each unit has some combination of yard and/or deck in addition to a common yard area...there are 8 parking places on the property(2 tandem parking places per unit)...Projected Rental Income over $10K per month. This property is a great fit for many types of Buyers including 1. Buy and Hold Investors 2. Buyers looking for second home for themselves while the other units generate income 3. Multi-Generational Living Situations. Financials included in this listing are Pro Forma.
Listing courtesy of Chuck Oliver from David Lyng Real Estate
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