5074 Wilder DR, Soquel, CA 95073

$2,100,000
3,150
SqFt
Sold Price
$2,100,000
List Price
$2,199,000
Closing Date
May 19, 2022
MLS#
ML81873950
Status
SOLD
Zoning
RM-2.5
Sqft. of Residence
3,150
Lot Size
5,924
Listing Area
Soquel

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.

Additional Information

Acres
0.14
Age
52
Cooling System
Ceiling Fan
Energy Features
Low Flow Toilet
Floor Covering
Hardwood, Tile
Foundation
Crawl Space
Garage Parking
Common Parking Area, Covered Parking, On Street
Heating System
Central Forced Air - Gas, Wall Furnace
Laundry Facilities
Washer / Dryer
Living Area
3,150
Lot Description
Grade - Level
Lot Size
5,924
Neighborhood
Soquel
Other Rooms
Laundry Room, Storage
Other Utilities
Individual Electric Meters, Individual Gas Meters
Roof
Tar and Gravel
Sewer
Sewer - Public
Special Features
None
Total Number Of Units
4
Unincorporated Yn
Yes
Zoning
RM-2.5

Mortgage Calculator

Amount of Loan
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Calculator source: Real Geeks

Listing courtesy of Jesse Collins from David Lyng Real Estate. 831-227-9987

Selling Office: KWLGE.

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