75 S Madeira Avenue

Salinas, CA 93905

About this property

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.

About this property

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.

Features and Additional Information

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$1,550,000 Active
3,136 SqFt

Presented By Ann Marie Hammond

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Get in touch today! Phone: 1-760-403-5219
License #01161667
Brokerage
eXp Realty of California Inc (888) 584-942...
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Area Information

699 Not Defined | Monterey County |

$ 1,550,000
This listing is play_arrow 205.7% higher than the average in the area
$ 507,000 in the area
3,136 SqFt
This listing is play_arrow 141.2% larger than the average in the area
1,300 SqFt in the area
$ 494 $/SqFt
This listing is play_arrow 26.7% more than the average in the area
$ 390 $/SqFt in the area
53 days on site
This listing is play_arrow 90.7% below the average in the area
571 days on site in the area

Schools in the Area

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    Elementary School
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Listed By Debra Ann Demos
Brokerage: eXp Realty of California Inc (888) 584-942...

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