Sold: Jun 18, 2021 - Waterfront
Address
786 Spencer St Monterey, CA
Price
$ 1,997,614
Property Attributes
  • MLS#ML81835034
  • TypeMulti-Family
  • County
  • CityMonterey
  • Zip93940
  • Style
  • Price$ 1,997,614
  • Bedrooms4
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4498
  • Lot Size11,700 SqFt
Listing Provided Courtesy Of:
Monterey Peninsula Home Team with KW Coastal Estates.
Data Source:
MLSListings - 40 - CA
Property Description

Here is your chance to own a very unique 5-unit investment property in New Monterey close to Cannery Row, Pacific Grove and the waterfront with views of Monterey Bay. Live in the single-family home located at 786 Spencer St and rent out the 4-unit apartment behind it at 675 Irving Ave. The main house is a 2-bedroom, 1 bath with a den that could be a 3rd bedroom. It has tons of storage in the basement and its own garage. The 4-unit apartment complex consists of two 1 bedroom, 1.5 bath townhouse style apartments and two 1 bedroom, 1 bath single level apartments, each with a carport. There are views of the water from several of the units and one unit has been nicely updated to include wood floors, a fireplace, granite countertops and has nice high vaulted ceilings. Lots of options for the new owner.

Price History
3/20/2021 Listed $2,100,000

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 93940

Price
AVG $2.8M
$2M