Looking for Passive Income- Check out this charming Santa Cruz Triplex. Unlock the potential for long-term financial security and generational wealth with this exceptional Santa Cruz triplex that is fully rented and in excellent condition. Three one-bedroom, one-bathroom units, with open parking and common area. The current owner has fostered an environment that has garnered long term renters, creating a harmonious relationship between tenants and property that ensures consistent care and maintenance. Recent upgrades, including newer flooring, appliances, and an engineered septic system, make this a low-maintenance investment, while its prime location provides privacy, accessibility, and an excellent commute. With market rents professionally estimated near $2,349 per unit, theres immediate potential for increased cash flow. Adjustments to the financials, such as transitioning tenant utilities like trash and water to tenant responsibility, can further boost your rate of return or CAP rate. Owning a triplex can generate consistent income as well as setting the foundation for long-term wealth. Dont miss this chance to make a sound investment in your legacy. Do not disturb tenantsschedule your viewing today and take the first step toward building generational wealth.
Property Details
Price:
$1,298,000
MLS #:
ML81998737
Status:
Active
Baths:
0
Address:
118 Beulah Court
Type:
Residential Income
Subtype:
Triplex
Neighborhood:
699notdefined
City:
Santa Cruz
Listed Date:
Mar 20, 2025
State:
CA
ZIP:
95060
Lot Size:
11,700 sqft / 0.27 acres (approx)
Year Built:
1963
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Schools
Interior
Accessibility Features
Parking
Cooling
None
Flooring
Laminate
Heating
Wall Furnace
Exterior
Foundation Details
Concrete Perimeter
Garage Spaces
0.00
Parking Spots
6.00
Roof
Composition
Sewer
Engineered Septic
Stories Total
1
Water Source
Public
Financial
Taxes
$9,070
Map
Community
- Address118 Beulah Court Santa Cruz CA
- Area699 – Not Defined
- CitySanta Cruz
- CountySanta Cruz
- Zip Code95060
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118 Beulah Court
Santa Cruz, CA
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