136 Market Street, Santa Cruz, CA 95062

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List Price
$1,785,000
Status
ACTIVE
Year Built
1976
MLS#
ML82051657
Living Area
2,250
Lot Size
9,409
Type
Multifamily
Zip
95062
city
Santa Cruz
Neighborhood
Ca

Property Description

Outstanding rental property investment opportunity in central Santa Cruz! Well maintained triplex with many recent improvements, highly desirable two-bedroom apartments, and a strong rental history. Ideally located near the rapidly growing downtown area with a Very walkable and Bikers Paradise rating that offers easy access to restaurants, shops, Whole Foods Market, Highway 1, the pier, Boardwalk, and beaches. Each unit has a private outdoor patio area and rare attached two-car garage that provides ample options for off-street parking, storage, and bonus living space. Lower operating expenses due to recent improvements and the potential for long-term value appreciation make this an excellent investment opportunity in a prime Santa Cruz location. Recent improvements include a newer roof, exterior paint job, sewer lateral replacement, water main replacement, newer water heaters, and interior flooring updates. Triplexes in Santa Cruz with this excellent condition, desirability, and long-term stability are rare in Santa Cruz. Don't miss this opportunity!

Additional Information

Lot Description
Rectangular Lot
Flooring
Laminate
Heating
Electric
Cooling
No Air Conditioning
Water Sewer
Public
Building Type
Triplex
Acres
0.22
School District
Santa Cruz City High
Elementary School
Santa Cruz City Elementary
High School
Santa Cruz City High

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Listing courtesy of Marshall Keneipp from Miritz & Bailey Real Estate, Inc. 303-913-8113

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