$2,100,000
$2,199,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
5074 Wilder DR Soquel, CA 95073
7 Beds
4 Baths
3,150 SqFt
Key Details
Sold Price $2,100,000
Property Type Multi-Family
Sub Type Fourplex
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
Full Baths 4
Year Built 1970
Lot Size 5,924 Sqft
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 Soquel
Zoning RM-2.5
Rooms
Other Rooms Laundry Room, Storage
Kitchen Cooktop - Electric, Countertop - Granite, Dishwasher, Garbage Disposal, Microwave, Oven - Electric, Refrigerator
Interior
Heating Central Forced Air - Gas, Wall Furnace
Cooling Ceiling Fan
Flooring Hardwood, Tile
Laundry Washer / Dryer
Exterior
Exterior Feature Back Yard, Balcony / Patio, BBQ Area, Courtyard, Dog Run / Kennel, Fenced, Storage Shed / Structure
Garage Common Parking Area, Covered Parking, On Street
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Tar and Gravel
Building
Lot Description Grade - Level
Foundation Crawl Space
Sewer Sewer - Public
Water Public
Others
Tax ID 030-221-17-000
Security Features None
Horse Property No
Special Listing Condition Not Applicable
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Bought with Scott C. Poncetta • KW Bay Area Estates