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$865,000

Est. payment - /mo

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1,440 SqFt

Price Dropped by $34K

1140 E Market ST Salinas, CA 93905

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

UPDATED:

10/10/2024 06:18 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

HOA Y/N No

Year Built 1940

Annual Tax Amount $10,000

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 699 - Not Defined

Zoning R-L-5.5

Interior

Heating Forced Air, Wall Furnace

Cooling None

Flooring Tile

Fireplace No

Appliance Refrigerator, Range Hood, Vented Exhaust Fan

Exterior

Garage Off Street

Garage Spaces 1.0

Garage Description 1.0

View Y/N No

Roof Type Composition

Accessibility None

Parking Type Off Street

Total Parking Spaces 3

Building

Lot Description Level

Story 1

Foundation Concrete Perimeter

Schools

School District Other

Others

Tax ID 004163014000

Special Listing Condition Standard

Listed by Hap Albers • Albers Real Estate Investment Company

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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