1140 E Market Street

Salinas, CA 93905
$865,000
1440 sqft | 0.16 acres | #ML81971469
Courtesy of Albers Real Estate Investment Company
For Sale

Description

5% cap rate with new Prop 13 taxes. In-laws, contractors, storage galore. This unique offering features a two-bedroom / one-bathroom home, a newly remodeled one-bedroom/one-bathroom unit, and an 800+ square foot garage/workshop with a half bathroom. The garage is perfect for storing cars, contractors, rental income, or a home workshop -many possibilities. There is a roll-up door and 12 ft.+ ceilings. The house has a separate living room, dining room, eat-in kitchen, and laundry room. The bathroom has floor-to-ceiling shower tile and has been updated. The kitchen is spacious and has a natural gas stove /oven with a vent hood. The house has an exterior patio with a cement floor and stucco walls for privacy. There is a secondary yard, which is fenced, gated, and wraps around the entire property. The second unit: This 498 sq. ft. one-bedroom unit has been newly remodeled - no one has lived in it since it was finished. The unit features LVP flooring and a completely new kitchen with stainless steel appliances and quartz cabinets. The bathroom was also remodeled. Almost all windows are vinyl. Electric panels are newer - Square D. Roof was installed in 2017.

  • Property Details
    • Property
      • Stories:1
      • Lot description:Level
    • Measurements
      • Acres:0.1607
      • Square Feet:1440
    • Parking
      • Parking spaces:1
  • Construction Details
    • Type & Style
      • Property type:Multi-Family
    • Condition
      • Year built:1940
    • Material information
      • Foundation:ConcretePerimeter
  • Community and Neighborhood Details
    • Location
      • School district:Other
      • County:Monterey
  • Financial Details
    • Pricing Details
      • Original List Price:$975, 000
      • Taxes annual:$10, 000
  • Other
    • Source
      • MLS #:ML81971469

Location

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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Last Updated: . Source: CRMLS

Listing Courtesy
Listing Agent: Hap Albers
Listing Office: Albers Real Estate Investment Company

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
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6.0%

Tax Rate

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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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    The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

    Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information