$1,550,000
For Sale

75 S Madeira Avenue

Salinas, CA 93905
3136 sqft | 0.27 acres | #ML81995311
Listing OfficeeXp Realty of California Inc
Browse 33 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

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.

  • Property Details
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • Original List Price$1,550,000
      • MLS #ML81995311
      • Property SubtypeQuadruplex
      • MLS #ML81995311
      • CountyMonterey
      • Cost1550000
      • Utility SourcePublic
      • Taxes Annual$8,714
      • Lot DescriptionLevel
      • Acres0.274
      • School DistrictOther
      • Square Feet3136
      • Year Built1964
      • Stories1

Location

Nancy C. TurnerReal Estate Group

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