Boulder Creek, CA 95006,12869 Highway 9

$812,500

$825,000

1.5%
Est.Price: ?

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Est. payment /mo

3,628 SqFt


SOLD DATE : 07/19/2019

Key Details

Sold Price $812,500

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 3,628 sqft

Price per Sqft $223

MLS Listing ID ML81740894

Sold Date 07/19/19

HOA Y/N No

Year Built 1905

Lot Size 0.770 Acres

Acres 0.77

Property Description

PRICE CUT! - cap rate now over 8%, with potential for more! The White House: Great income producing property in downtown Boulder Creek on about 3/4 of an acre, sloping up from Highway 9. Bus stop next to property or walk to stores in downtown Boulder Creek. Half of the units have below market rent, since the tenants have lived there for many years. Operate as is, or invest in some upgrades and rent for more. All utilities are billed to the landlord, and landlord bills tenants pro-rated for water, garbage, gas and electric.

Location

State CA

County Santa Cruz

Area Listing

Zoning C-2-

Interior

Heating Natural Gas, Wall Furnace

Fireplace No

Appliance Refrigerator

Exterior

View Y/N true

View Downtown

Building

Water Public

New Construction No

Others

Tax ID 08120205000

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Bridge MLS
Listed by Peter Tiemann • Morgan Real Estate
Bought with JohnRibera
agent-avatar

+1(925) 808-9139

justinkenney96@gmail.com

9030 BRENTWOOD BLVD, BRENTWOOD, California, 94513, United States

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