75 S Madeira Avenue Active

Salinas,CA 93905

$ 1550000

8 Beds

0 Bath

3136 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,136 sqft

Price per Sqft $494

MLS Listing ID ML81995311

Bedrooms 8

HOA Y/N No

Year Built 1964

Lot Size 0.274 Acres

Acres 0.27

Property Sub-Type Quadruplex

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

Zoning 4 pl

Interior

Heating Wall Furnace

Cooling No Air Conditioning

Fireplace No

Building

Lot Description Level

New Construction No

Schools

School District Salinas Union High

Others

Tax ID 003031031000

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