$1,898,000
For Sale

52 Terrace View Drive

Scotts Valley, CA 95066
3052 sqft | 0.25 acres | #ML81975051
Listing OfficeRedwood Property Company
Browse 30 photos
Type:Multi-Family
Structure:3 Family
Zone:Residential

Description

This turn-key triplex is located in a prime location at the heart of Scotts Valley. Just off Scotts Valley Dr and a quarter mile up from Mt Hermon Rd, your tenants will enjoy convenient access to restaurants, grocery stores, Scotts Valley Middle School, and more. With two out of three units having undergone extensive renovations this year, the entire property is in excellent physical condition, and you wont have to worry about significant ongoing maintenance, as current ownership has taken immaculate care of the asset. These large, renovated units have the potential to achieve top-of-the-market rents and offer tenants a wonderful place to call home. There is a large 3 bed/2 bath "owner's unit" that has a very large floorplan, master bathroom, lots of closet space, a fireplace, high ceilings, and a quaint backyard. There are 3 covered parking spaces on site, with lots of uncovered parking as well as storage space. An on-site laundry facility allows for extra income, however, even more income can be captured by adding washer and dryer machines into each apartment unit. One of the most exciting aspects of this property is the potential to up to 2 ADUs on the 2,800 SF yard space in the back of the parcel. What are you waiting for?

  • Property Details
      • Acres0.248
      • Square Feet3052
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1972
    • Material information
      • FoundationSlab
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountySanta Cruz
      • School DistrictOther
  • Financial Details
      • Original List Price$1,898,000
      • Taxes Annual$21,258
  • Other
      • MLS #ML81975051

Location

Lily ValdiviaEinstein Realty
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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