75 S Madeira Avenue Active

Salinas,CA 93905

$ 1550000

- Bed

- 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

HOA Y/N No

Originating Board Datashare MLSListings

Year Built 1964

Lot Size 0.274 Acres

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

Interior

Heating Wall Furnace

Cooling No Air Conditioning

Fireplace No

Building

Lot Description Level

Water Public

Schools

School District Salinas Union High,Salinas City Elementary

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