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Main
Street Commercial
2567 Main Street
Soquel, CA 95073
(800) 765-MAIN
(831) 462-4000
fax: (831) 464-4329
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Multi-Res Home with Apartment Units
137 Clay Street, Santa Cruz
Price Reduced to $1,245,000
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Well maintained Home plus 4 units with carports in rapidly developing area w/new condos going in nearby: Perfect as is or add more units. House moved on site in the 50's, 4-plex built in early 1970's. Improvements include new roof & gutters, laundry room, new insulation and paint. Price includes preliminary architectural drawings for new triplex in place of the house to bring total to 7 units.
• $346.65 per SF
• $269,000 per unit
• GSI $92,760
• 14.5X Gross
• 4.3 Cap Rate
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