Monterey, CA, CA 93940

$1,500,000

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List Price
$1,500,000
Status
ACTIVE
MLS#
ML82058850
County
Monterey
Zoning
R-1
Year Built
1955
Square Feet
2,681
Lot Size (acres)
0.1389
Days on Market
11
Property Type
Commercial

Property Description

.Excellent investment opportunity in a centrally located Monterey neighborhood! This five-unit- apartment property is conveniently situated on Ramona Avenue, just off Fremont Street, with easy access to shopping, dining, transportation, and all that the Monterey Peninsula has to offer. All five units are approximately the same size and are currently occupied. Each unit was updated in 2018 each unit is 1 bd with 1 bath, fresh interior paint, remodeled kitchens, and updated flooring. The property also offers plenty of on-site parking for residents. A wonderful opportunity to own a fully occupied five-unit investment property in a desirable and convenient Monterey location.

Additional Information

Taxes
$22,000
Parcel Number
013134033000
Gross Scheduled Income
$132,000
Heat
Central
Cooling
Yes
Cooling Description
None
Roof
Shingle
Parking Spaces
1
School District
Other

Listing courtesy of Listing Agent: Vanessa Haven (vanessahaven@yahoo.com) from Listing Office: Redfin.

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Calculator source: Real Geeks

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.