Triplex in Downtown Santa Cruz
221 Chestnut Street
Santa Cruz, CA 95060
408-169340
$1,350,000.00
Triplex in Downtown Santa Cruz. These are three separate detached houses, each with high ceilings, bay windows, front porches, & indoor utilities. Pro-forma rents are $86,400 per year; with a zero vacancy rate for nine years running. Each of the homes have a private yard space & 322 sf garages. All the houses exteriors were painted last spring, and new carpets were installed in two of the homes last year. This is a prime investment opportunity to own a well constructed, income earning property in a desirable location. This triplex is just steps to a bus line that travels direct to the University of California, Santa Cruz.
