Address
835-837 S Main ST SALINAS, CA
Price
$ 835,000
Property Attributes
  • MLS#ML81804931
  • TypeContingent
  • CountyMONTEREY
  • CitySALINAS
  • AreaSS
  • Zip93901
  • Style
  • Price$ 835,000
  • Bedrooms4
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5208
  • Lot Size8,411 SqFt
Listing Provided Courtesy Of:
Debra Ann Demos with eXp Realty of California Inc..
Property Description

South Salinas Mix-Use Building with 9 private parking spaces or seller shall provide parking lot agreement. Detached 2 car garage/storage. Existing 4 bedrooms 1 bath unit on the second floor and can be built out to four dwelling units per the City of Salinas. Existing leases in place. Annual Gross Income $62,400.00. Cap Rate at asking price $835,000. is 5.1%!!! Great central location with excellent store frontage. Downstairs could be three separate businesses with three front door entrances and the potential to build four apartments with a projected value at $1.6M ++ *** Seller motivated and found a replacement property.

Price History
8/7/2020 Listed $835,000

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 93901

Price
AVG $770K
$840K
Visits
AVG 16
33
Year Built
AVG 1958
1937
Walkscore
AVG 62
89
Data Provided by Walkscore ® not using MLS data