$1,599,999

Multi Family In Watsonville

  • 4,350 Sqft
  • 7,754 Sqft lot
  • Updated: October 6
  • Source:
    bridgeMLS  MLS#ML82063605

About the Property

Unbeatable value in Watsonville! Rare 8-unit portfolio priced under $200k/door on a single parcel (6-unit building at 642 Lincoln + duplex at 406 E 5th). Well-maintained with updated electrical, dual-pane windows, wall heaters, and refreshed kitchens, baths, and flooring. Select units feature bonus rooms. Separately metered for gas/electric with on-site coin-op laundry. Long-term tenants and low r
Unbeatable value in Watsonville! Rare 8-unit portfolio priced under $200k/door on a single parcel (6-unit building at 642 Lincoln + duplex at 406 E 5th). Well-maintained with updated electrical, dual-pane windows, wall heaters, and refreshed kitchens, baths, and flooring. Select units feature bonus rooms. Separately metered for gas/electric with on-site coin-op laundry. Long-term tenants and low rents deliver massive upside. Housing Authority payment standards yield a pro forma potential gross income of $288,864/year ($2,639/mo for 1BRs, $3,379/mo for 2BRs). Walking distance to schools (elementary through high school) and downtown.
…
  • Property type

    Other

  • Year built

    1890

  • Price/sqft

    $367

Features

  • Mountain View
  • Duplex
  • Washer Dryer
  • Investment Property

Explore the Area

406 E 5th Street, Watsonville, California, United States View on Google Maps
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Raeid Farhat Real Estate Inc

Joined 11 months ago
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Raeid Farhat Real Estate Inc
California, United States
View agency profile
6
Listings
2025
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Raeid Farhat Real Estate Inc
California, United States
View agency profile
Last updated
October 6
First listed
October 6
Listing reference
ML82063605
Listing status

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