$1,599,999
406 E 5th Street
Watsonville, CA 95076
1890
Year Built
Santa Cruz
County
CommercialSale
Property Type
About this home
Unbeatable value in Watsonville! Rare 8-unit portfolio priced under $200k/door on a single parcel (6-unit building at 642 Lincoln + duplex at 406 E 5th). Well-maintained with updated electrical, dual-pane windows, wall heaters, and refreshed kitchens, baths, and flooring. Select units feature bonus rooms. Separately metered for gas/electric with on-site coin-op laundry. Long-term tenants and low rents deliver massive upside. Housing Authority payment standards yield a pro forma potential gross income of $288,864/year ($2,639/mo for 1BRs, $3,379/mo for 2BRs). Walking distance to schools (elementary through high school) and downtown.
Property Details
Architecture
Features & Amenities
Property Features
Community
Tax & Financial
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Mortgage Estimate
$8,516/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
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