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About the Listing ML5014435 - ML5078496
Great opportunity to own a fully rented triplex in east salinas! The front unit is a mostly remodeled 2 bedroom 1 bath unit with updated flooring, kitchen cabinets and countertops. The back unit is a 2 bedroom 1 bath with tile flooring and open floor plan with a small fenced backyard. The 3rd unit is a 1 bedroom 1 bathroom with tile flooring and storage shed in backyard. Rents are low for each unit and could easily be doubled over time, subject to Salinas rental ordinance. Owner covers trash, septic and water which potentially could be costs transferred to the tenants over time as well. There is plenty of room for improvements to be made that would reflect in an increase in equity position and cashflow for this property. Close proximity to shopping, restaurants, hwy 101 and local schools. This is truly a great investment opportunity for the right buyer!
Listing Highlights
Status
Active With Contingency
Days on Site
15
Property Type
Multi-Family
MLS ®
ML82039241
Year Built
1951
Total Square Footage
1,607
Lot/Acreage
0.13
Interior Details
- Bedrooms: 5
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Wall Furnace
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 3
- Zoning: HDR
- Roof: Composition
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $7,750
- Taxes w/Assessments: N/A
- Tax/Property ID: 004081025000
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
615 Terrace St Salinas, CA 93905
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