Ford

Watsonville, CA, 95076
For Sale $2,499,000
  • 4,878sqft
  • 12,284sf lot
Listing agent:
Ruth Bates
Compass
5.84% CAP RATE! Two brand new (May 2024) 750 Sq. Ft. 2-bedroom/2-bath townhomes, all electric with solar, heatpump, all new everything! Plus Main Building with 5 units ( four 1-bedroom, 1- two-bedroom) that have all been remodeled over the past 5 years (new kitchens, new baths, new flooring, fresh paint, updated plumbing and electric). 3 units just had new flooring and bathrooms installed. On-site parking for all units. This property currently generates $218,820 in Annual Gross Rents ($182,35/month) and a Net Operating Income of $145763 per year resulting in a 5.8% Cap Rate. Tenants would very much like to stay. Property Management firm is in place to make this an easy transition for you.

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Ford is a Residential Income Five Or More Units property located in Watsonville, California, featuring a 12,284 sqft lot, 4,878 sqft, MLS #ML82002701.
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Data last modified: 2025-07-24 18:45:52