1140 E Market ST, Salinas, CA 93905 – ML81971469 - Eric Chu

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Eric Chu

eric@keyluxestates.com +1(650) 922-7449

$865,000

Est. payment - /mo

3 Beds

2 Baths

1,440 SqFt

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UPDATED:

10/10/2024 05:46 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,440 sqft

Price per Sqft $600

MLS Listing ID ML81971469

Bedrooms 3

Full Baths 2

Year Built 1940

Lot Size 7,000 Sqft

Property 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.

Location

State CA

County Monterey

Area Es-68

Zoning R-L-5.5

Rooms

Other Rooms Storage, Other

Kitchen Countertop - Stone, Exhaust Fan, Hood Over Range, Oven Range - Gas, Refrigerator

Interior

Heating Forced Air, Gas, Wall Furnace

Cooling None

Flooring Tile, Vinyl / Linoleum

Laundry Hookups Only

Exterior

Exterior Feature Back Yard, Courtyard, Fenced, Low Maintenance, Storage Shed / Structure

Garage Detached Garage, Off-Street Parking, On Street

Garage Spaces 1.0

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Composition

Building

Lot Description Grade - Level

Story 1

Foundation Concrete Perimeter

Sewer Sewer Connected

Water Individual Water Meter

Level or Stories 1

Others

Tax ID 004-163-014-000

Security Features None

Horse Property No

Special Listing Condition Not Applicable

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Listed by Hap Albers • Albers Real Estate Investment Company

Eric Chu

Agent | License ID: 02039805

+1(650) 922-7449 | eric@keyluxestates.com