Details
Address:2508 CastilloType:ResidentialStyle:Fourplex"Victorian"Lot Type:RectangularLot Size:6,969 sq. ft.Year Built:1920
Description
Great Victorian 4-plex on a quiet,tree-lined, 2 blk stretch of Castillo north of Cottage Hospital. 2 up/2 down. (2) 1/1 and (2) 1+Den/1. Large lot with off-street parking. Low rents still bring in almost $59k/yr. Separate elec. meters. Long-term, mo-to-mo tenants. Great location near park, bus, hospital, shopping. Here is an opportunity with upside potential. Call for additional information.
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| ▪Unit 1: # Units: 1; # Bedrooms: 1; # Baths: 1; # Half Baths: 0; Furnished: N; Rent: 1,350; M/M; Monthly Total: 1,350
Unit 2: # Units: 1; # Bedrooms: 2; # Baths: 1; Furnished: N; Rent: 1,350; M/M; Mo | ▪Unit 3: # Units: 1; # Bedrooms: 1; # Baths: 1; Furnished: N; Rent: 1,186; M/M; Monthly Total: 1,186
Unit 4: # Units: 1; # Bedrooms: 1; # Baths: 1; Furnished: N; Rent: 1,000; M/M; Monthly Total: 1,00 |
| ▪Income: Total Monthly Income: 4,886; Annual Income: 58,632;
Gross Rent Multiplr: 18.76;
Capitalization Rate: 3.7;
Taxes: 1,000;
Insurance: 102; | ▪Expenses: Water Expense: 170; Gas Expense: 31; Maintenance Expense: 200; Total Monthly Exp: 1,503; Total Annual Exp: 18,036 |
| ▪Miscellaneous: Refrigerators: 4; # Stoves: 4
Meters: Sep Meter Wtr: N; Sep Meter Elec: Y
Condition: Avg/Good; Fair/Avg
Foundation: Slab; Raised
| ▪Parking Spaces: 5: Uncovered; Unc #4+
Proximity: Near Bus; Near Hospital; Near Park(s); Near School(s); Near Shopping
Amenities: Gas Stove; Refrigerator
Flr/WDW Covering: Carpet; Tile; Vinyl
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| ▪Heating/Cooling: GFA; Wall
Pets: Yes
Owner Provides: Heat; Gas; Water; Trash
| ▪Zoning: R-3
Terms: Cash; Ctnl
Listing Type: ER
Listing Details: Owner is Licensee
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"Prime Location!"
Santa Barbara Historic HomesLori Hoffman
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