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$880,000
Est. payment /mo
2,031 SqFt
UPDATED:
01/10/2025 01:23 AM
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,031 sqft
Price per Sqft $433
MLS Listing ID ML81989685
HOA Y/N No
Year Built 1930
Annual Tax Amount $2,500
Lot Size 5,214 Sqft
Property Description
Own Your Real Estate Empire in South Salinas! This multi-unit complex, originally owned by one family, presents an exceptional investment opportunity. With two current owners, you can acquire this tri-plex and standalone single-family home on one APN, or expand your portfolio by adding the neighboring duplex, owned separately. The tri-plex includes three 1-bedroom, 1-bath units two on the ground floor and one upstairs with a dedicated laundry room and three parking spaces. The standalone back house features 2 bedrooms, 1 bath, and a new roof overlay completed in November 2024 for worry-free maintenance. The adjoining duplex offers potential for expansion and immediate income, making this a versatile investment opportunity. Together, these properties provide diverse rental streams and simplified management, making them a strategic addition to any portfolio. Located near Hartnell College, schools, bus lines, and major freeways, this property guarantees high tenant demand and long-term growth potential. Don't miss this rare chance to secure a high-growth investment. Sellers prefer these units be sold together, creating a legacy opportunity in sought-after South Salinas.
Location
State CA
County Monterey
Area 699 - Not Defined
Zoning Multi Family
Interior
Heating Wall Furnace
Cooling None
Flooring Carpet, Laminate
Fireplace No
Appliance Freezer, Gas Cooktop, Refrigerator, Range Hood
Exterior
View Y/N No
Roof Type Composition,Shingle
Accessibility Parking
Total Parking Spaces 3
Building
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Schools
School District Other
Others
Tax ID 002422020000
Acceptable Financing FHA, VA Loan
Listing Terms FHA, VA Loan
Special Listing Condition Standard
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Listed by Gina Hinds • Century 21 Showcase Realtors