Skip To Content

506 Santa Maria Street

Salinas, CA 93905
  • $1,050,000
  • STATUS: Pending
  • ON SITE: 19 Days
  • ID#: ML81952859
Pending
UPDATED: 36 min ago
$1,050,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,406
    SQFT
  • $436
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1941
County:

School Ratings & Info

School District:
Listing Agent(s): Sandra Rangel of Remax Property Experts (831-751-6900)


Description

Invest in this lucrative fourplex opportunity! Each unit features individual water, gas, and electric meters, ensuring hassle-free utility management. Conveniently located with easy access to Highway 101, this property includes a 1-car garage for the two front units. The units at 506/506A and 508/508A are currently tenant-occupied on month-to-month leases, offering flexibility. Each unit is a comfortable 2-bed, 1-bath space. Please respect the tenants' privacy; do not disturb.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-21T15:32:37.497. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Lori Thompson | Coldwell Banker Realty. Licensed in the State of California, USA.
www.housesforsalesocal.com/homes/147196221
Print Image

506 Santa Maria Street Salinas, CA 93905

  • Price: $1,050,000
  • Status: Pending
  • On Site: 19 Days
  • Updated: 36 min ago
  • ID#: ML81952859
0
Beds
0
Baths
0
½ Baths
0.18
Acres
2,406
SQFT
$436
$/SQFT
1941
Built
Neighborhood:
699 - Not Defined
County:
Monterey
Area:
699 - Not Defined
School District:
Other
Property Description
Invest in this lucrative fourplex opportunity! Each unit features individual water, gas, and electric meters, ensuring hassle-free utility management. Conveniently located with easy access to Highway 101, this property includes a 1-car garage for the two front units. The units at 506/506A and 508/508A are currently tenant-occupied on month-to-month leases, offering flexibility. Each unit is a comfortable 2-bed, 1-bath space. Please respect the tenants' privacy; do not disturb.
Exterior Features

Carport Spaces 0 Foundation Details Concrete Perimeter Parking Total 4 Roof Shingle View YN No

Interior Features

Accessibility Features None Appliances Gas Cooktop Cooling None Cooling YN Yes Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Cap Rate 5.96 Garage YN Yes Gross Scheduled Income 73500 Insurance Expense 1449 Listing Agreement Exclusive Right To Sell Maintenance Expense 0 Other Expense 0 Property Sub Type Quadruplex Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 5095 Trash Expense 0 Zoning R-M



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-21T15:32:37.497. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Lori Thompson | Coldwell Banker Realty. Licensed in the State of California, USA.
 
Logo
Lori Thompson | Coldwell Banker Realty
19440 Goldenwest Street
Huntington Beach CA, 92648
Listing Agent(s): Sandra Rangel of Remax Property Experts (831-751-6900)