Fantastic Multi-Unit Investment Opportunity in Salinas Discover a rare four-unit property offering solid income potential in the heart of Salinas. With a total of 2,012 sq. ft. of living space, this property features a desirable mix of units: one spacious 2-bedroom/1-bath unit and three 1-bedroom/1-bath units. Each unit is individually… Read More metered and designed for efficient living, making it attractive to a wide range of tenants. This property is well suited for the investor or an owner-occupant who can live in one unit and rent out the others. Conveniently located near schools, shopping, dining, and major commuter routes, this property combines long-term rental appeal with steady demand. Whether you are a seasoned investor looking to expand your portfolio or a first-time investor seeking reliable cash flow, or an owner user, this property offers a strong opportunity in a competitive rental market. Read Less
Courtesy of Intero Real Estate Services, Ferreira-Kunz Group 831-801-1646
Listing Snapshot
Days Online
1
Last Updated
Property Type
Fourplex
Square Ft.
2,012
Lot Size
0.12 Acres
Year Built
1979
MLS Number
ML82019678
30 Days Snapshot Of 93905
$658k
+44%
(avg) sold price
5
+150%
homes sold
39
+44%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 5100.00, Max Area Units: Square Feet
Unit One
1 bedroom in unit 1, Unit 1: approximately 576 square feet, Unit 1 rent: $1,440
Unit Two
2 bedrooms in unit 2, Unit 2: approximately 576 square feet, Unit 2 rent: $1,380
Unit Three
1 bedroom in unit 3, Unit 3: approximately 394 square feet, Unit 3 rent: $1,100
Unit Four
1 bedroom in unit 4, Unit 4: approximately 466 square feet, Unit 4 rent: $1,150
Accessibility Features
None
Building
Built in 1979, 4 building units, 3 buildings, Ranch, 2,012 structure square feet
Roof
Composition
Utilities
Individual Electric Meters, Individual Gas Meters
Sewer
Sewer - Public
Security Features
None
Heating
Wall Furnace
Cooling
None
Floors
Carpet, Tile, Vinyl / Linoleum
Foundation
Concrete Slab, Raised
Kitchen
Exhaust Fan, Oven Range
Laundry
None
Water Features
Public
Parking
3 parking spaces
Miscellaneous
Vacancy factor: 0
Tenant Pays
Services - Trash Removal, Utilities - Electric, Utilities - Gas
Property
None, Low Maintenance
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