119 Carr Avenue

Property Description

This property is a unique investment opportunity in the heart of Salinas! This one-of-a-kind 4-unit multi-family property features four separate units, each offering privacy and character that tenants love. With a mix of long-term, stable tenants, this property provides immediate income potential while still offering room for growth. The seller completed select renovations during the pandemic, blending modern updates with the property's original charm. This property has easy access to shopping and dining. It is perfect for investors looking to expand their portfolio or an owner-occupant seeking rental income. The city says converting the garage to a 5th unit is possible, Buyers to verify with the city. Key Features: Four individual cottages No shared walls, offering privacy for tenants Recent updates completed during the pandemic Great potential for value appreciation in a growing rental market Don't miss this rare opportunity to own a charming and income-generating property in Salinas.

Overview

Property Status

Active Under Contract

Lot Size

7,501.03 Sq.Ft.

MLS ID

ML82037604

Property Type

Multi-Family

Year Built

1941

Are you interested?

Schedule a Tour

Mark Cohan

(831) 869-2777 [email protected]

Features & Amenities

Total Area

2,050 Sq.Ft.

Neighborhood

Salinas

Architecture Styles

Bungalow, Mediterranean

Stories

Garage Spaces

1.0

Water Source

Public

Pool

None

Roof

Bituthene, Composition

Lot Features

Level

Parking

Off Street

Heat Type

Wall Furnace

Air Conditioning

None

Appliances

Range, Oven, Refrigerator

Sewer

Public Sewer

Substructure

Slab, Concrete Perimeter

School District

Salinas Union High

Sales Price

$950,000

Real Estate Tax

$2,034/yr

Maintenance Fee

$2,000/mo

Zoning

R-L-5.5

Schedule a Tour

I would love to help you see this beautiful home! As a full-service brokerage, I can help you tour. Please submit an offer, and answer questions about the buying process.

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for your interest in 119 Carr Avenue, SALINAS, CA 93905

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