605 Bishop St., King City, CA 93930 - ML81995067 - iPro Real Estate

605 Bishop St.
King City, CA 93930

Active, Multi-Family/Income Sale

New Listing
For Sale

$799,000 $322.96 per sqft

Free Professional CMA

Listing ID : ML81995067

  • Structure / Lot Size

    2,474 Sqft / 0.1465 Acre
  • Year

    1986

Description

Private & Profitable Triplex-Prime Investment Opportunity! A rare find! This well maintained tri-plex, built in 1986, features three spacious 2 bedroom 1 bath units tucked away in a private setting. The property is designed for low maintenance living, ample concrete areas and plenty of parking for tenants. With room for future income growth potential, this property presents a fantastic chance to maximize returns over time. Whether youre looking to generate passive income now or explore future possibilities, this tri-plex offers long term value in a desirable location. This private layout adds to its appeal offering tenants a sense of space and seclusion while still being conveniently located. Don't Miss out-multi unit properties like this don't come around often!

Details

Type: Multi-Family/Income Sale 
Subdivision: King City/pine Canyon 
MLS Area: King City/Pine Canyon 
County: Monterey 
Security Features: None 
Tax ID: 026-472-016-000
School District: South Monterey County Joint Union High
Building Size: 2,474 SqFt 
Cap Rate: 3.55% 
Gross Rent Multiplier: 21.00 
Days on Market: 2 
Access Features: None 
AltCal ID: ML81995067 
Foundation: Concrete Slab 
Horse Property: No
Number of Buildings: 2 
Number of Units: 3 
Parking Spaces: 3 
Property Type: Commercial Sale 
Roof: Composition 
Sewer: Sewer Connected 
Sub Type: Triplex 
Utilities: Public Utilities 
Water: Public 

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36.218006 -121.131493 $799,000 ML81995067
605 Bishop St., King City, CA 93930
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Listed by Deanna Pond with Coast & Country Real Estate Group Inc

Based on information from the MLSListings MLS) as of 2/22/2025. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 2/22/2025. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. ©2025 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes