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$ 1,995,000
Est. payment | /mo
2,980 SqFt
$ 1,995,000
Est. payment | /mo
2,980 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 2,980 sqft
Price per Sqft $669
MLS Listing ID ML82052801
HOA Y/N No
Year Built 1930
Lot Size 10,413 Sqft
Property Sub-Type Other
Property Description
Fully occupied 6-unit income portfolio in one of South Salinas most desirable neighborhoods. This rare package combines 2 adjacent parcels- a duplex and a triplex with a detached single-family residence -offering investors immediate cash flow, simplified management, & long-term growth potential in a high-demand rental market. The portfolio consists of 5, 1-bed/1-bath units & one 2-bed/1-bath SFR, plus a storage shed. All six units are currently occupied by stable, long-term Section 8 tenants, providing reliable income with minimal turnover. Additional income is generated from on-site laundry facilities. Located in the sought-after Mission Park area of South Salinas, the property sits near Hartnell College, schools, bus lines, and major freeways, ensuring strong tenant demand. A shared driveway provides convenient parking for residents. Recent upgrades, including new plumbing & a new roof overlay on one building, add to the propertys appeal and reduce near-term capital needs. Whether youre a seasoned investor looking to expand your portfolio or a buyer seeking a low-maintenance, high-yield multifamily asset, this complete 6-unit package delivers immediate income & a strategic foothold in South Salinas. Sellers prefer to sell both parcels together as one investment opportunity.
Location
State CA
County Monterey
Zoning Mult
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Refrigerator
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 002422020000
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Listed by Jeff Wickum • Epique Realty
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