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Listed by Mark Cohan • Compass
$ 950,000
Est. payment | /mo
2,050 SqFt
$ 950,000
Est. payment | /mo
2,050 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,050 sqft
Price per Sqft $463
MLS Listing ID ML82037604
HOA Y/N No
Year Built 1941
Lot Size 7,500 Sqft
Property Sub-Type Quadruplex
Source Datashare MLSListings
Property Description
This property is a unique investment opportunity in the heart of Salinas! This one-of-a-kind 4-unit multi-family property features four separate units, each offering privacy and character that tenants love. With a mix of long-term, stable tenants, this property provides immediate income potential while still offering room for growth. The seller completed select renovations during the pandemic, blending modern updates with the property's original charm. This property has easy access to shopping and dining. It is perfect for investors looking to expand their portfolio or an owner-occupant seeking rental income. The city says converting the garage to a 5th unit is possible, Buyers to verify with the city. Key Features: Four individual cottages No shared walls, offering privacy for tenants Recent updates completed during the pandemic Great potential for value appreciation in a growing rental market Don't miss this rare opportunity to own a charming and income-generating property in Salinas.
Location
State CA
County Monterey
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Flooring Laminate, Tile
Fireplace No
Building
Lot Description Level, Rectangular Lot
Schools
School District Salinas Union High, Salinas City Elementary
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