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E 5th St, Watsonville, CA, 95076

3beds
2baths
4,350sqft
$1,495,000
$344price/sqft
$9,545/moest. monthly cost
$381,800/yrincome needed

About This Home

Well maintained 8 unit apartment building in the heart of Watsonville. 642 Lincoln Street is a 6 unit building and 406 E 5th is a duplex, all on one parcel. Units have been updated with newer electric panels and wall heaters. Units have separate gas and electric meters. Most kitchens, bathrooms have been updated, along with newer flooring and dual pane windows. Long term tenants with low rents and no vacancy for many years. Please do not disturb the tenants. Separate laundry room with coin operated machines. This is an excellent investment for buyers looking for stable cash flow and long term upside.

Getting Around

92
WalkingWalker's Paradise
45
TransitSome Transit
85
BikeVery Bikeable

Schools

1/10
2/10
E. A. Hall Middle SchoolGrades 6-80.5 mi
4/10
Watsonville High SchoolGrades 9-120.4 mi

Construction

Condition

  • Year built: 1890

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition

Type & Style

  • Home type: MultiFamily
  • Property subType: Five Or More Units,Residential Income

Interior

Appliances

  • Laundry features: Coin Operated

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2

Features

  • Door features: None

Heating & Cooling

  • Heating features: Wall Furnace
  • Cooling features: None

Interior Area

  • Total structure area: 4,350
  • Total interior livable area: 4,350 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 01855101000
  • Zoning: MR
  • Special condition: Standard

Lot

  • Lot size: 7,754 sqft
  • Features: Level

Parking

  • Parking features: On Street
  • Carport: Yes