9
See all 9 photos
$1,550,000
Est. payment /mo
8 BD
4 BA
3,136 SqFt
New
75 S Madeira AVE Salinas, CA 93905
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UPDATED:
03/05/2025 02:21 AM
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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Listed by Debra Ann Demos • eXp Realty of California Inc