114 Franklin Street, Santa Cruz, California 95060 - $1,999,999 | Allan Real Estate Investments
Location
Click to interact with map
Property Highlights
$1,999,999
114 Franklin St
Santa Cruz, CA, 95060
114 Franklin St
•Santa Cruz, CA, 95060
0
Bedrooms
0
Bathrooms
0
Square Feet
1
Days on Market
0
Bedrooms
0
Bathrooms
0
Square Feet
1
Days on Market
About
7+ CAP Investment Opportunity! CAP rate above 7 is uncommon for multi-unit properties in Santa Cruz. Fully leased five-unit income property in prime Santa Cruz location. Property consists of a 2-bedroom main home, two detached studios (including a Jr. ADU), and two detached 2-bedroom/1-bath ADUs. All units are currently occupied, providing stable in-place rental income. Conveniently located near Highway 1, Santa Cruz Beach Boardwalk, UCSC, downtown Santa Cruz, and restaurants. Great opportunity for investors seeking a multi-unit investment property in an ideal location.
Listed by Shawki Farhat with Raeid Farhat Real Estate Inc (831) 840-3902