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Grace Way

Scotts Valley, CA 95066
  • $1,199,000
  • STATUS: Active Under Contract
  • ON SITE: 56 Days
  • ID#: ML81954841
Under Contract
$1,199,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,400
    SQFT
  • $856
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1961
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing Agent(s): Matt Draper of Community Real Estate ((831) 438-6215) and Mandy Draper of Community Real Estate((831) 438-6215)


Description

Rare single level duplex in the desirable Grace Way neighborhood of Scotts Valley. Two nearly identical units each offering 700 sq/ft of living space with 2 bedrooms and 1 full bath (w/ oversized soaking tub). The thoughtful, efficient floor plan is light and bright and offers a stackable washer/dryer in each unit. Meticulously maintained and tastefully updated over the years, each unit enjoys its own private sunny patio with beautiful mountain views. There is a large private parking area to the rear of the property that can accommodate up to 6 vehicles plus on-street parking on Grace Way for guests. Centrally located walking/biking distance to Scotts Valley's Award Winning Schools, hiking trails, restaurants, brewery, coffee and more! Incredible investment opportunity with NO HOA Fees. Rent out both units or live in one and offset your mortgage with the rents from the other. A wonderful addition to your real estate portfolio!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-04T00:30:31.55. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or COMPASS. Licensed in the State of California, USA.
www.reiferhomes.com/homes/147769664
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Grace Way Scotts Valley, CA 95066

  • Price: $1,199,000
  • Status: Active Under Contract
  • On Site: 56 Days
  • ID#: ML81954841
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1,400
SQFT
$856
$/SQFT
1961
Built
Neighborhood:
699 - Not Defined
County:
Santa Cruz
Area:
699 - Not Defined
Elementary School:
Other
Middle School:
Scotts Valley
High School:
Other
School District:
Other
Property Description
Rare single level duplex in the desirable Grace Way neighborhood of Scotts Valley. Two nearly identical units each offering 700 sq/ft of living space with 2 bedrooms and 1 full bath (w/ oversized soaking tub). The thoughtful, efficient floor plan is light and bright and offers a stackable washer/dryer in each unit. Meticulously maintained and tastefully updated over the years, each unit enjoys its own private sunny patio with beautiful mountain views. There is a large private parking area to the rear of the property that can accommodate up to 6 vehicles plus on-street parking on Grace Way for guests. Centrally located walking/biking distance to Scotts Valley's Award Winning Schools, hiking trails, restaurants, brewery, coffee and more! Incredible investment opportunity with NO HOA Fees. Rent out both units or live in one and offset your mortgage with the rents from the other. A wonderful addition to your real estate portfolio!
Exterior Features

Architectural Style Traditional Carport Spaces 0 Parking Total 6 Roof Composition View Mountain(s) View YN Yes

Interior Features

Accessibility Features Other Appliances Gas CooktopRefrigerator Cooling None Cooling YN Yes Flooring CarpetTile Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Cap Rate 4.37 Garage YN No Gross Scheduled Income 60000 Insurance Expense 1762 Listing Agreement Exclusive Right To Sell Listing Service Full Service Maintenance Expense 0 Other Expense 700 Possession Negotiable Property Sub Type Duplex Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 3869 Trash Expense 0 Water Source Public Zoning Multi-Residential



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-04T00:30:31.55. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or COMPASS. Licensed in the State of California, USA.
 
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COMPASS
6930 Indiana Ave, Suite 1
Riverside CA, 92506
Listing Agent(s): Matt Draper of Community Real Estate ((831) 438-6215) and Mandy Draper of Community Real Estate((831) 438-6215)