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    1134 Parkside Street

    Salinas, CA 93906
    • $2,250,000
    • STATUS: Active
    • ON SITE: 797 days
    • ID#: ML81742016
    UPDATED: 14 min ago
    $2,250,000
    • 0
      BEDS
    • 0.3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1973
    County:

    School Ratings & Info

    Description

    DO NOT DISTURB TENANTS. Multi Family investment opportunity for your RE portfolio, this 12 unit apartment building features eight two-bedroom/one-bath units and (four) one-bedroom/one bath units. Built in 1971 , the property offers building square footage of 8,520 square feet with lot size of 13,263 square feet. All units are Month to Month tenancy and are at below market rents. Located in a high rental demand area and near shopping and schools and freeway access. Building features newer double pane windows, updated roof, twelve covered parking and six additional uncovered parking spaces, this building is well maintained and has the upside potential you're looking for. Two additional properties available for a total of 26 rental units. 8% rent increase starting 1/1/2021.

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    Bay East ©2021. CCAR ©2021. bridgeMLS ©2021. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2021-05-16T11:41:11.277.

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    1134 Parkside Street Salinas, CA 93906

    • Price: $2,250,000
    • Status: Active
    • Updated: 14 min ago
    • ID#: ML81742016
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.3
    Acres
    1973
    Built
    Neighborhood:
    All Other Counties/States
    County:
    Monterey
    Area:
    All Other Counties/States
    Property Description
    DO NOT DISTURB TENANTS. Multi Family investment opportunity for your RE portfolio, this 12 unit apartment building features eight two-bedroom/one-bath units and (four) one-bedroom/one bath units. Built in 1971 , the property offers building square footage of 8,520 square feet with lot size of 13,263 square feet. All units are Month to Month tenancy and are at below market rents. Located in a high rental demand area and near shopping and schools and freeway access. Building features newer double pane windows, updated roof, twelve covered parking and six additional uncovered parking spaces, this building is well maintained and has the upside potential you're looking for. Two additional properties available for a total of 26 rental units. 8% rent increase starting 1/1/2021.
    Exterior Features

    Parking Description Covered ParkingSpaces - Assigned Parking Spaces Total 6 Roof Composition Shingles

    Interior Features

    Bedrooms Unit1 1 Bedrooms Unit2 2 Bedrooms Unit3 2 Bedrooms Unit5 2 Cooling None Heating Gas

    Property Features

    Annual Gross Sched Income 141360 Annual Taxes 0 Annual Utility Expense 0 Building Type Other City Transfer Tax No Hoa YN No Net Operating Income 141360 Operating Expenses Insurance Rent Unit1 816 Rent Unit2 933 Rent Unit3 933 Rent Unit4 816 Rent Unit5 933 Tenant Pays ElectricGas Tot Bldg Sq Ft 8520 Water Sewer Sewer System - PublicWater - Public Zoning Mult

    Listing courtesy of Jesse Hernandez of Century 21 Showcase Realtors.


    Bay East ©2021. CCAR ©2021. bridgeMLS ©2021. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2021-05-16T11:41:11.277.

     
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