UNIQUE FOUR-UNIT INCOME PROPERTY IN DOWNTOWN SANTA BARBARA. Value Added Opportunity with major price reduction. All rents current and stable. Renovated from the roof down to the sewer laterals. Ever growing Eastside location. Potential for additional rental income, plus multi-story, multi-unit development. The property is zoned R-M Residential Multi-Unit. FOR CITY ZONING, CUT AND PASTE LINK: SBMC 30.20.020. Easy 10 minute walk to downtown and 1 minute to the Milpas corridor. 3 minute drive to East Beach. 100% occupancy. 7 Bedrooms total across 4 units. 2+1; 1+1+Loft; 3+1; 1+1 rear separate unit. All leases month to month. Easy to show with 24 hours notice.FOR SLIDESHOW:https://tours.previewfirst.com/ml/114485
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Courtesy of: Coldwell Banker Realty Listing information provided courtesy of the Santa Barbara MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 24th July, 2021 4:15 AM
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