75 S Madeira AVE new

Salinas,CA 93905

$ 1550000

8 Beds

4 Baths

3136 SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,136 sqft

Price per Sqft $494

MLS Listing ID ML81995311

Style Traditional

Bedrooms 8

Full Baths 4

Year Built 1964

Lot Size 0.274 Acres

Property Sub-Type Fourplex

Property 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.

Location

State CA

County Monterey

Area Es-66

Zoning 4 plex

Interior

Heating Wall Furnace

Cooling None

Laundry Hookups Only

Exterior

Parking Features Common Parking Area

Utilities Available Individual Gas Meters,Public Utilities

Roof Type Composition

Building

Lot Description Grade - Level

Story 1

Foundation Concrete Perimeter and Slab

Sewer Sewer - Public

Water Public

Level or Stories 1

Others

Tax ID 003-031-031-000

Security Features None

Horse Property No

Special Listing Condition Not Applicable

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