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Listed by Debra Ann Demos • eXp Realty of California Inc
$1,550,000
Est. payment /mo
3,136 SqFt
Active
75 S Madeira Avenue Salinas, CA 93905
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,136 sqft
Price per Sqft $494
MLS Listing ID ML81995311
HOA Y/N No
Originating Board Datashare MLSListings
Year Built 1964
Lot Size 0.274 Acres
Property Sub-Type Quadruplex
Property Description
Great investment opportunity. Low-maintenance 4-plex with two one-level buildings on a large 11,900+ square foot lot. Annual Gross Income $106,560.00. All units have two bedrooms, one full bath, and laundry hook-up with yards/patios. Walking distance to markets, restaurants/deli, parks, and schools in established Sherwood neighborhood. All leases are month-to-month, conventional residential financing for 4-plex or cash or maybe your 1031 Exchange clients.
Location
State CA
County Monterey
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Fireplace No
Building
Lot Description Level
Water Public
Schools
School District Salinas Union High, Salinas City Elementary
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