447 Soledad Street, Salinas, CA 93901
- $999,000
- 4,175
- SqFt
- List Price
- $999,000
- Status
- ACTIVE
- MLS#
- ML82057880
- Year Built
- 1981
- Living Sq. Ft
- 4,175
- Lot Size
- 7,791
- Acres
- 0.18
- Days on Market
- 5
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
Property Description
Investment Opportunity in South Salinas! This four-unit property offers a desirable unit mix consisting of one 3-bedroom, 1.5-bath unit, one 2-bedroom, 1-bath unit, and two 2-bedroom, 1.5-bath units. Do not disturb tenants. Three units are currently tenant occupied and Unit #3 is available to rent out upon purchase, providing an opportunity for a new owner to make improvements and establish a new tenancy at a market rent, subject to applicable rental laws and regulations. The property has deferred maintenance and is being offered in its present condition, providing an opportunity for an investor to make improvements over time and enhance the property's overall condition and income potential. Convenient South Salinas location with access to shopping, schools, services, and major thoroughfares. A great opportunity for an investor looking for an established four-unit property with existing rental income, one vacant unit, and future value-add potential.
Additional Information
- Taxes
- $5,489
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- None
- Roof
- Tar/Gravel
- Sewer
- Public Sewer
- Water
- Public
- School District
- Other
- Attached Structure
- Detached
- Gross Scheduled Income
- $49,872
Listing courtesy of Listing Agent: Chantel Henson (chantel.henson@compass.com) from Listing Office: Compass.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.