$2,400,000
Exceptional investment opportunity this well-maintained fourplex delivers commercial-level income performance while retaining the advantages of residential financing and management simplicity. The property features two spacious 3-bedroom, 1.5-bath units, one unit currently configured as a 1-bedroom with approved plans to convert to a 2-bedroom, 2-bath (excellent value-add potential), and a fourth 1-bedroom, 1-bath unit. Notably, two of the units were newly constructed in 2025, offering modern finishes and reduced maintenance concerns. Each unit is equipped with in-unit laundry, enhancing tenant appeal and retention. Recent capital improvements include a new electrical panel, upgraded main service, new water main, and a newly completed driveway with six off-street parking spaces.
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Listed by Audrey Wardwell with 36 North Properties (831) 320-7116
Property Type
Quadruplex
Status
Active
MLS Number
ML82041454
Year Built
1929
Lot Size
7,079 sq ft