1042 Pacific Avenue

    Salinas, CA 93905
    • $825,000
    • STATUS: Active
    • ON SITE: 192 days
    • ID#: ML81741968
    UPDATED: 65 min ago
    $825,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,260
      SQFT
    • $194
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1972
    County:

    School Ratings & Info

    Description

    DO NOT DISTURB TENANTS. Great investment opportunity, this fourplex features three one-bedroom/one-bath units and one three-bedroom/one bath unit. Built in 1972 , the property offers building square footage of 4,260 square feet with lot size of 7,300 square feet. All units are Month to Month tenancy and are at below market rents in this high demand area. Building features newer double pane windows, updated roof, four covered parking and two additional uncovered parking stalls spaces, this building is well maintained and has the upside potential investors are looking for.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-18T00:32:21.337. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Heller The Home Seller | Keller Williams Realty. Licensed in the State of California, USA.
    www.hellerthehomeseller.com/homes/92530468

    1042 Pacific Avenue Salinas, CA 93905

    • Price: $825,000
    • Status: Active
    • Updated: 65 min ago
    • ID#: ML81741968
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    4,260
    SQFT
    $194
    $/SQFT
    1972
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Monterey
    Area:
    699 - Not Defined
    Property Description
    DO NOT DISTURB TENANTS. Great investment opportunity, this fourplex features three one-bedroom/one-bath units and one three-bedroom/one bath unit. Built in 1972 , the property offers building square footage of 4,260 square feet with lot size of 7,300 square feet. All units are Month to Month tenancy and are at below market rents in this high demand area. Building features newer double pane windows, updated roof, four covered parking and two additional uncovered parking stalls spaces, this building is well maintained and has the upside potential investors are looking for.
    Exterior Features

    Carport Spaces 4.00 Foundation Details Concrete PerimeterSlab Garage Spaces 0.00 Lot Features Back Yard Lot Size Source Assessor Lot Size Units Square Feet Parking Features CarportAttached Carport Parking Total 4.00 Parking YN Yes Roof Composition

    Interior Features

    Cooling None Cooling YN No Heating Natural Gas Heating YN Yes

    Property Features

    Accessibility Features Parking Cap Rate 5.82 Gross Multiplier 17.19 Gross Scheduled Income 48000.00 Insurance Expense 0.00 Maintenance Expense 0.00 Professional Management Expense 0.00 Special Listing Conditions Standard Trash Expense 0.00 Utilities Natural Gas Available Zoning R

    Listing provided courtesy of Jesse Hernandez of Century 21 Showcase Realtors


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-18T00:32:21.337. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Heller The Home Seller | Keller Williams Realty. Licensed in the State of California, USA.
     
    Heller The Home Seller | Keller Williams Realty
    171 Saxony Road, Ste. 205
    Encinitas CA, 92024