28 Madison Street, Watsonville, CA 95076
- $1,000,000
- 2,461
- SqFt
- List Price
- $1,000,000
- Closing Date
- Aug 14, 2026
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- ML82055100
- Year Built
- 1933
- Living Sq. Ft
- 2,461
- Lot Size
- 8,102
- Acres
- 0.19
- Days on Market
- 23
- Property Type
- Multifamily
- Property Sub Type
- Triplex
Property Description
Rare opportunity to own a beautifully maintained triplex offering timeless architectural charm, exceptional curb appeal, and outstanding investment potential. This attractive property features an ideal unit mix of two 1-bedroom, 1-bath units and one spacious 2-bedroom, 1-bath unit, providing strong rental appeal. Each unit is separately metered for gas, electricity, water, sewer, and garbage, allowing tenants to pay all utilities and helping keep owner operating expenses low. Recent improvements include a brand-new permitted detached three-car garage, providing each unit with its own private enclosed garage complete with automatic garage door opener. The exterior of both the triplex and detached garage have been freshly painted, complemented by new fencing, refreshed landscaping, and a newer roof installed within the past 10 years on the multi-unit building. The expansive rear courtyard offers an abundant of parking for tenants, a rare amenity for an in-town investment property. Conveniently located within walking distance to Mintie White Elementary School, E.A. Hall Middle School, Watsonville High School, and downtown Watsonville, this turnkey investment offers the perfect combination of character, recent improvements, low maintenance, and long-term income potential.
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Additional Information
- Taxes
- $15,364
- Appliances
- Gas Cooktop, Vented Exhaust Fan
- Heat
- Fireplace(s), Wall Furnace
- Cooling
- Yes
- Roof
- Composition
- Garage Spaces Total
- 3
- Sewer
- Public Sewer
- Water
- Public
- School District
- Other
- Elementary School
- Other
- Middle School
- Other
- High School
- Other
- Attached Structure
- Detached
- Gross Scheduled Income
- $52,020
Listing courtesy of Listing Agent: Tony Melo (tony@tonymelorealestate.com) from Listing Office: Aldina Real Estate,Inc..
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