Listing ID : ML81995311
-
Structure / Lot Size
3,136 Sqft / 0.2740 Acre -
Year
1964
Description
Great investment opportunity. Low-maintenance 4-plex with two one-level buildings on a large 11,900+ square foot lot. Annual Gross Income $106,560.00. All units have two bedrooms, one full bath, and laundry hook-up with yards/patios. Walking distance to markets, restaurants/deli, parks, and schools in established Sherwood neighborhood. All leases are month-to-month, conventional residential financing for 4-plex or cash or maybe your 1031 Exchange clients.
Details
Type:
Multi-Family/Income Sale
Subdivision: Es-66
MLS Area:
ES-66
County: Monterey
Security Features: None
Tax ID: 003-031-031-000
Annual Taxes: $8,714
School District: Salinas Union High
Building Size: 3,136 SqFt
Cap Rate: 5.81%
Gross Rent Multiplier: 14.55
Days on Market: 1
Access Features: None
AltCal ID: ML81995311
Foundation: Concrete Perimeter and Slab
Horse Property: No
Laundry: Hookups Only
Number of Buildings: 2
Number of Units: 4
Parking Spaces: 8
Property Type: Commercial Sale
Roof: Composition
Sewer: Sewer - Public
Style: Traditional
Sub Type: Fourplex
Utilities: Individual Gas Meters, Public Utilities
Water: Public
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75 South. Madeira Ave., Salinas, CA 93905
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