75 S Madeira AVE Active

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

Source MLSListings, Inc.

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

Garage Spaces 8.0

Utilities Available Individual Gas Meters,Public Utilities

Roof Type Composition

Building

Lot Description Grade - Level

Foundation Concrete Perimeter and Slab

Sewer Sewer - Public

Water Public

Architectural Style Traditional

Others

Tax ID 003-031-031-000

Special Listing Condition Not Applicable

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