5074 Wilder Dr, SOQUEL, CA

$2,300,000

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3,150

Square feet

0.14

Acres

About 5074 Wilder Dr

This property is the only fourplex available in Santa Cruz County as of 1/10 and it is a very special one at that. It has 3 units that are 2 bed and 1 bath, and one unit is 1/1. It has a cap rate of 3.65 and a gross annual rent of $123,600. This building was was fumigated & painstakingly renovated in 2016 with new floors throughout, forced air heat for 3 units, community washer and dryer, new kitchens, new bathrooms, fresh paint, new landscaping and more. Recent inspections incl: roof, home, pest, and sewer lateral, & it is incredibly clean. The tenants all pay on time and are the kind of tenants all landlords dream of having. Unit 2, will be vacant for showings starting this Monday. This gives the future landlords the opportunity to bring new tenants into unit 2 at a higher market rate, or possibly live in it themselves. This property is in a great location at the edge of Soquel and Capitola and is walking distance to Gail's Bakery and a short dr to dt Capitola.

Features of 5074 Wilder Dr

MLS® # ML81873950
Price $2,300,000
Square Footage 3,150
Square Footage Assessor
Acres 0.14
Year Built 1970
Type Multi-Residential
Sub-Type Fourplex
Status Active

Community Information

Address 5074 Wilder Dr
Area Soquel
City SOQUEL
County Santa Cruz
State CA
Zip Code 95073

Amenities

Utilities Individual Electric Meters, Individual Gas Meters
Parking Spaces 4
Is Waterfront No
Has Pool No

Interior

Heating Central Forced Air - Gas, Wall Furnace
Cooling Ceiling Fan
Fireplace No

Exterior

Lot Description Grade - Level
Roof Tar and Gravel Roof
Construction Wood Frame
Foundation Crawl Space

Additional Information

Zoning RM-2.5
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentJesse Collins
OfficeDavid Lyng Real Estate

Listing Map

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