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Listed by Chantel Henson • Compass
$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
Lot Size 7,791 Sqft
Property Sub-Type Quadruplex
Source Datashare MLSListings
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
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Fireplace No
Building
Water Public
Schools
School District Salinas Union High, Salinas City Elementary
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