This well-maintained, multi-unit property at 119 Ford St offers excellent investment potential in the heart of downtown Watsonville. Situated on a huge lot, this property consists of three tenant-occupied units, providing immediate rental income, with the possibility of expanding further by adding additional units (buyer to verify with the city). The seller has made numerous upgrades, including electrical system improvements, landscaping enhancements, and various repairs throughout to maintain the property's value and functionality. The spacious lot offers a variety of possibilities, whether you're looking to keep the existing units, expand the current buildings, or build new structures to maximize rental income. Located in a convenient, walkable area of downtown Watsonville, this property is close to local amenities, shops, restaurants, schools, and public transportation, making it a prime location for renters and future development. With a mix of charm and growth potential, 119 Ford St is an excellent opportunity for investors seeking a solid income-producing property with room for future growth. Don't miss out on this rare offering!
MLS# | ML81986827 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active Under Contract |
Year | 1889 |
Days On Site | 187 |
Listing Provided By | Aldina Real Estate,Inc. 831-722-7131 | Santiago Renteria |
SQ Feet | 2,623 |
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Garage | 2 |
Building(s) | 3 |
Zoning | Multi Unit |
Acreage | 0.36 |
State | CA |
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County | Santa Cruz |
City | Watsonville |
Zip Code | 95076 |
Area | 699 Not Defined |
School District | Other |
Listing VS Median (in 95076) | |
Price: $1,539,000 low | high Med: $1,149,500 SqFt: 2,623 low | high Med: 1,964 $ / SqFt: $587 low | high Med: $615 On site: 187 low | high Med: 110.500000 |