$1,565,000
Accepting Backup Offers

119 Ford Street

Watsonville, CA 95076
2623 sqft | 0.36 acres | #ML81986827
Listing OfficeAldina Real Estate,Inc.
Browse 111 photos
Type:Multi-Family
Structure:3 Family
Zone:Residential

Description

This well-maintained, multi-unit property at 119 Ford St offers excellent investment potential in the heart of downtown Watsonville. Situated on a huge lot, this property consists of three tenant-occupied units, providing immediate rental income, with the possibility of expanding further by adding additional units (buyer to verify with the city). The seller has made numerous upgrades, including electrical system improvements, landscaping enhancements, and various repairs throughout to maintain the property's value and functionality. The spacious lot offers a variety of possibilities, whether you're looking to keep the existing units, expand the current buildings, or build new structures to maximize rental income. Located in a convenient, walkable area of downtown Watsonville, this property is close to local amenities, shops, restaurants, schools, and public transportation, making it a prime location for renters and future development. With a mix of charm and growth potential, 119 Ford St is an excellent opportunity for investors seeking a solid income-producing property with room for future growth. Don't miss out on this rare offering!

  • Property Details
      • FoundationConcretePerimeter
      • Date ClosedJanuary 06, 2025
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • CountySanta Cruz
      • Original List Price$1,565,000
      • MLS #ML81986827
      • MLS #ML81986827
      • Taxes Annual$15,420
      • Cost1565000
      • Property SubtypeTriplex
      • Utility SourcePublic
      • Acres0.357
      • School DistrictOther
      • Square Feet2623
      • Year Built1889
      • Parking Spaces2

Location

Alex HooksReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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