1140 E Market Street

Salinas, CA 93905
$865,000
1440 sqft | 3 beds | 2.5 baths | 0.16 acres | #ML81971466
Courtesy of Albers Real Estate Investment Company

Description

Inlaws, contractors, storage, & mortgages. Very unique offering features a two-bedroom / one-bathroom 942 sq. ft home, a newly remodeled one-bedroom/one-bathroom 498 sq. ft 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 a 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: The apartment unit has been newly remodeled - no one has lived in it since it was finished. The unit features LVP flooring and a new kitchen with stainless steel appliances and quartz cabinets. The bathroom was also remodeled. Mortgage & Rents: At $1500/month=$18,000 @ 6% interest = the apartment rent covers $240,000+ in mortgage interest. Almost all windows are vinyl. Electric panels are newer - Square D.Roof was installed in 2017.
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  • Interior Details
    • Interior Features
      • Interior:Workshop
    • Beds & Baths
      • Bedrooms:3
      • Bathrooms:2.5
      • Full Baths:2
      • Half Baths:1
  • 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:Purchase
    • 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
  • Other
    • Source
      • MLS #:ML81971466

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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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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