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$999,000
Est. payment /mo
4,175 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,175 sqft
Price per Sqft $239
MLS Listing ID ML82057880
HOA Y/N No
Year Built 1981
Annual Tax Amount $5,489
Lot Size 7,792 Sqft
Property Sub-Type Quadruplex
Property Description
Investment Opportunity in South Salinas! This four-unit property offers a desirable unit mix consisting of one 3-bedroom, 1.5-bath unit, one 2-bedroom, 1-bath unit, and two 2-bedroom, 1.5-bath units. Do not disturb tenants. Three units are currently tenant occupied and Unit #3 is available to rent out upon purchase, providing an opportunity for a new owner to make improvements and establish a new tenancy at a market rent, subject to applicable rental laws and regulations. The property has deferred maintenance and is being offered in its present condition, providing an opportunity for an investor to make improvements over time and enhance the property's overall condition and income potential. Convenient South Salinas location with access to shopping, schools, services, and major thoroughfares. A great opportunity for an investor looking for an established four-unit property with existing rental income, one vacant unit, and future value-add potential.
Location
State CA
County Monterey
Area 699 - Not Defined
Zoning R-M-2.9
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Parking Features Covered
Carport Spaces 6
View Y/N No
Roof Type Tar/Gravel
Accessibility Parking
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Schools
School District Other
Others
Tax ID 002354008000
Special Listing Condition Standard
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Listed by Chantel Henson Compass #01271580
Nearby School & Business
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