23 Ford St, Watsonville, CA 95076

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$2,499,000

bedrooms

bathrooms

square feet

4,878

Acreage

Open Houses

year built

2024

Full Baths

Half Baths

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5.84% CAP RATE! Two brand new (May 2024) 750 Sq. Ft. 2-bedroom/2-bath townhomes, all electric with solar, heatpump, all new everything! Plus Main Building with 5 units ( four 1-bedroom, 1- two-bedroom) that have all been remodeled over the past 5 years (new kitchens, new baths, new flooring, fresh paint, updated plumbing and electric). 3 units just had new flooring and bathrooms installed. On-site parking for all units. This property currently generates $218,820 in Annual Gross Rents ($182,35/month) and a Net Operating Income of $145763 per year resulting in a 5.8% Cap Rate. Tenants would very much like to stay. Property Management firm is in place to make this an easy transition for you.

Location
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Elementary School	-
Middle School	-
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Open houses

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MLS number: -

Listing agent: Ruth Bates

Listing broker: Compass

Last update: Monday, September 15 2025 at 5:28 a.m. EDT

Compass Broker