Soquel, CA 95073,5074 Wilder Drive
$2,100,000
Est. payment /mo
$2,199,000
4.5%
Est.Price: ?

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7 Beds
3,150 SqFt
SOLD DATE : 05/19/2022

Key Details

Sold Price $2,100,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,150 sqft

Price per Sqft $666

MLS Listing ID ML81873950

Sold Date 05/19/22

Bedrooms 7

HOA Y/N No

Year Built 1970

Lot Size 5,924 Sqft

Acres 0.14

Property Description

This property is the only fourplex available in Santa Cruz County as of 1/10 and it is a very special one at that. It has 3 units that are 2 bed and 1 bath, and one unit is 1/1. It has a cap rate of 3.65 and a gross annual rent of $123,600. This building was was fumigated & painstakingly renovated in 2016 with new floors throughout, forced air heat for 3 units, community washer and dryer, new kitchens, new bathrooms, fresh paint, new landscaping and more. Recent inspections incl: roof, home, pest, and sewer lateral, & it is incredibly clean. The tenants all pay on time and are the kind of tenants all landlords dream of having. Unit 2, will be vacant for showings starting this Monday. This gives the future landlords the opportunity to bring new tenants into unit 2 at a higher market rate, or possibly live in it themselves. This property is in a great location at the edge of Soquel and Capitola and is walking distance to Gail's Bakery and a short dr to dt Capitola.

Location

State CA

County Santa Cruz

Area Listing

Zoning RM-2

Interior

Heating Forced Air, Wall Furnace

Cooling Ceiling Fan(s)

Flooring Hardwood, Tile

Fireplace No

Exterior

Exterior Feature Back Yard

Building

Lot Description Level

New Construction No

Schools

School District Santa Cruz City High

Others

Tax ID 03022117000

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Bridge MLS
Listed by Jesse Collins • David Lyng Real Estate
Bought with Scott C.Poncetta

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Parisa Samimi

+1(510) 410-4050

Founder & Real Estate Broker | License ID: 01858122

Founder & Real Estate Broker License ID: 01858122

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