

































Property Attributes
- ML#ML81804931
- TypeContingent
- CountyMONTEREY
- CitySalinas
- AreaSS
- Zip93901
- Style
- Price$ 860,000
- Bedrooms4
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage5208
- Lot Size8,411 SqFt
Listing Provided Courtesy Of:
Debra Ann Demos with eXp Realty of California Inc..
Property Description
South Salinas Mix-Use Building with 9 private parking spaces or seller shall provide parking lot agreement. Detached 2 car garage/storage. Existing 4 bedrooms 1 bath unit on the second floor and can be built out to four dwelling units per the City of Salinas. Existing leases in place. Annual Gross Income $62,400.00. Cap Rate at asking price $835,000. is 5.1%!!! Great central location with excellent store frontage. Downstairs could be three separate businesses with three front door entrances and the potential to build four apartments with a projected value at $1.6M ++ *** Seller motivated and found a replacement property.
Price History | |
---|---|
8/7/2020 | Listed $835,000 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool