$812,500
$825,000
1.5%For more information regarding the value of a property, please contact us for a free consultation.
0.77 Acres Lot
SOLD DATE : 07/19/2019
Key Details
Sold Price $812,500
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81740894
Sold Date 07/19/19
HOA Y/N No
Year Built 1905
Annual Tax Amount $8,453
Lot Size 0.770 Acres
Property Description
PRICE CUT! - cap rate now over 8%, with potential for more! The White House: Great income producing property in downtown Boulder Creek on about 3/4 of an acre, sloping up from Highway 9. Bus stop next to property or walk to stores in downtown Boulder Creek. Half of the units have below market rent, since the tenants have lived there for many years. Operate as is, or invest in some upgrades and rent for more. All utilities are billed to the landlord, and landlord bills tenants pro-rated for water, garbage, gas and electric.
Location
State CA
County Santa Cruz
Area 699 - Not Defined
Zoning C-2-L
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Laundry None
Exterior
Utilities Available Natural Gas Available
Roof Type Composition,Tar/Gravel
Total Parking Spaces 10
Building
Water Public
Schools
School District Other
Others
Tax ID 08120205000
Financing Seller Financing
Special Listing Condition Standard
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Bought with John Ribera • Coldwell Banker Realty