Description
This property has a great upside! The main building at the front of the lot has 3 units. The 4th unit is a 2-bedroom 1 bath separate building at the back of lot with an adjacent garage. Ample parking is available. Per the seller the City of Watsonville would allow an additional unit (ADU) to be constructed on the property. Seller has proposal and site plans for renovation of all current units plus construction of the ADU. There is also a potential possibility of removing the current structures and rebuild an apartment building with multiple units. Current rents are below market, long term month to month tenants.
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0BEDS
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0.19ACRES
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0BATHS
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01/2 BATHS
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1,921SQFT
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$625$/SQFT
Description
This property has a great upside! The main building at the front of the lot has 3 units. The 4th unit is a 2-bedroom 1 bath separate building at the back of lot with an adjacent garage. Ample parking is available. Per the seller the City of Watsonville would allow an additional unit (ADU) to be constructed on the property. Seller has proposal and site plans for renovation of all current units plus construction of the ADU. There is also a potential possibility of removing the current structures and rebuild an apartment building with multiple units. Current rents are below market, long term month to month tenants.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-06T18:33:57.327. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or CFC Realty, Inc. Licensed in the State of California, USA.