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225 7th Ave

Twin Lakes CA 95062

15
13
2
6501 sq. ft.
14680 sq. ft.
Single-Family
Currently for sale - view listing

Overview

ATTENTION INVESTORS - Pro-forma Cap Rate of over 6.4%! Opportunity awaits at Twin Lakes! Enter Harbor Place, an incredible multi-family income property a block and a half from the sand. This unique 13-unit compound consists of eight (8) studio/1bath apartments, three (3) 1bed/1bath units, one (1) 1bed plus bonus room/1bath house, and one (1) 2bed/1bath house. The units are well-maintained and many are nicely updated, with tons of early-1900s charm. The property features calming courtyards, wonderful shared spaces for tenants and guests, bike storage, laundry (extra income), and some private yards. Below-market rents offer HUGE UPSIDE for investors. You and your tenants will LOVE this mid-town banana-belt location. Harbor Place is right in the center of some of Santa Cruz's best shops, restaurants, cafes, and beaches, and next to the fun and outdoor recreation of the Santa Cruz Harbor. Enjoy huge returns for years to come, or keep a unit(s) for your own family/friend Vacation Home.

Features

15 bedrooms
13 bathrooms
2 carspaces
6501 sq. ft. floor area
14680 sq. ft. lot size
Single-Family

Happy sellers in Twin Lakes

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Local market activity for 15 bedroom single-family properties in Twin Lakes

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Sales:
(619) 566-0008
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