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    108 Martella Street

    Salinas, CA 93901
    • $700,000
    • STATUS: Active Under Contract
    • ON SITE: 29 days
    • ID#: ML81827695
    Under Contract
    UPDATED: 78 min ago
    $700,000
    • 0
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,799
      SQFT
    • $250
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1945
    County:

    School Ratings & Info

    Description

    Great investment opportunity in south salinas! There is a duplex and a single family home on a large double lot. The duplex units are both 820 sqft and feature 2 bedrooms and 1 bath per unit and each have an attached single car garage. The duplex was built in 1945 and was remodeled in 2010. The single family home features 1 bedroom and 1 bathroom with an additional bonus room and basement downstairs. Units are fully occupied and there should be some upside with rents. This will be a solid return on your investment.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-02-28T21:26:59.56. 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 Steele Canyon Realty. Licensed in the State of California, USA.

    www.steelecanyonrealty.com/homes/113743234
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    108 Martella Street Salinas, CA 93901

    • Price: $700,000
    • Status: Active Under Contract
    • Updated: 78 min ago
    • ID#: ML81827695
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    2,799
    SQFT
    $250
    $/SQFT
    1945
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Monterey
    Area:
    699 - Not Defined
    Property Description
    Great investment opportunity in south salinas! There is a duplex and a single family home on a large double lot. The duplex units are both 820 sqft and feature 2 bedrooms and 1 bath per unit and each have an attached single car garage. The duplex was built in 1945 and was remodeled in 2010. The single family home features 1 bedroom and 1 bathroom with an additional bonus room and basement downstairs. Units are fully occupied and there should be some upside with rents. This will be a solid return on your investment.
    Exterior Features

    Carport Spaces 0.00 Foundation Details Concrete Perimeter Garage Spaces 2.00 Lot Features Back Yard Lot Size Source Gis Calculated Lot Size Units Square Feet Parking Features Off Site Parking Total 2.00 Parking YN Yes Roof CompositionTar/Gravel

    Interior Features

    Average1 Bed Area 820 Average2 Bed Area 820 Average3 Bed Area 1158 Cooling None Cooling YN No Heating Natural Gas Heating YN Yes

    Property Features

    Accessibility Features None Cap Rate 6.21 Gross Multiplier 12.06 Gross Scheduled Income 58041.00 Insurance Expense 882.00 Maintenance Expense 1500.00 Professional Management Expense 2815.00 Special Listing Conditions Standard Trash Expense 0.00 Zoning Mdr

    Listing provided courtesy of Sean Griffin of Agency One Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-02-28T21:26:59.56. 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 Steele Canyon Realty. Licensed in the State of California, USA.

     
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    5923 Severin Drive
    La Mesa CA, 91942