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$ 1,950,000
Est. payment | /mo
0.29 Acres Lot
$ 1,950,000
Est. payment | /mo
0.29 Acres Lot
Key Details
Property Type Commercial
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID ML82023004
HOA Y/N No
Year Built 1927
Annual Tax Amount $22,425
Lot Size 0.293 Acres
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 699 - Not Defined
Zoning CO/R
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Carport Spaces 11
Roof Type Other
Building
Water Public
Schools
School District Other
Others
Tax ID 002395014000
Special Listing Condition Standard
Listed by Edward Henderson Tom Redfern & Associates
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STEVE & KRISTA: The WIDNER Team
Agent | License ID: 00680027
29811 Santa Margarita Parkway, Suite 100, Margarita, CA, 92688