1140 E Market Street, Salinas, CA 93905

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Property Description

4.8% cap rate with new Prop 13 taxes. In laws, contractors, storage galore. This unique offering features a two-bedroom / one-bathroom home, a newly remodeled one-bedroom/one-bathroom unit, and an 800+ square foot garage/workshop with a half bathroom. The garage is perfect for storing cars, contractors, rental income, or a home workshop -many possibilities. There is a roll-up door and 12 ft.+ ceilings. The house has a separate living room, dining room, eat-in kitchen, and laundry room. The bathroom has floor-to-ceiling shower tile and has been updated. The kitchen is spacious and has a natural gas stove /oven with a vent hood. The house has an exterior patio with a cement floor and stucco walls for privacy. There is a secondary yard, which is fenced, gated, and wraps around the entire property. The second unit: This 498 sq. ft. one-bedroom unit has been newly remodeled - no one has lived in it since it was finished. The unit features LVP flooring and a completely new kitchen with stainless steel appliances and quartz cabinets. The bathroom was also remodeled. Almost all windows are vinyl. Electric panels are newer - Square D. Roof was installed in 2017.


Interior Features

Kitchen Information
Features Stone Counters
Bedroom Information
Bedrooms N/A
Flooring Information
Material Tile
Interior Information
Cooling Type None

Listing Information

Address 1140 E Market Street
City Salinas
State CA
Zip 93905
County Monterey
Listing Agent Hap Albers DRE #01006595
Courtesy Of Albers Real Estate Investment Company
List Price $899,000
Status Active
Type Residential Income
Subtype Duplex
Structure Size 1,440
Lot Size 7,000
Year Built 1940

Listing information courtesy of: Hap Albers, Albers Real Estate Investment Company. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 20th, 2024 at 12:15 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.