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Listed by Edward Henderson • Tom Redfern & Associates
$1,950,000
Est. payment /mo
6 Beds
4 Baths
7,549 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 7,549 sqft
Price per Sqft $258
MLS Listing ID ML82023004
Bedrooms 6
Full Baths 4
Year Built 1927
Lot Size 0.293 Acres
Property Sub-Type Five or More Units
Property Description
Attention Investors! First time on the market in over 20 years. Heres a great opportunity to own a charming 11 unit building in the dynamic Maple Park neighborhood of Salinas. The property offers a nice unit mix of (4) Studios, (5) 1X1, (1) 2X1, and (1) 3X1. Great upside potential on unit turns for an owner enacting an aggressive renovation plan. Investors can add value via strategic renovations focused on modern lighting, kitchen & plumbing fixtures, new cabinet faces & hardware, tile backsplashes, and vinyl plank flooring throughout the unit. This buildings coveted location and upside opportunity present an intriguing investment for an astute investor.
Location
State CA
County Monterey
Area Maple Park
Zoning CO/R
Interior
Heating Wall Furnace
Cooling None
Exterior
Parking Features Carport
Utilities Available Individual Electric Meters
Roof Type Other
Building
Foundation Crawl Space
Sewer Sewer - Public
Water Public
Others
Restrictions Pets - Allowed
Tax ID 002-395-014-000
Security Features None
Special Listing Condition Not Applicable
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