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    1074 3rd Street

    Monterey, CA 93940
    • $699,000
    • STATUS: Active Under Contract
    • ON SITE: 51 days
    • ID#: ML81803527
    Under Contract
    UPDATED: 37 min ago
    $699,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,354
      SQFT
    • $516
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1950
    County:

    School Ratings & Info

    Description

    Triplex with good income history. Ideally located in the heart of Monterey's Oak Grove district with in walking distance to Naval Post Graduate School, Monterey Peninsula College, Del Monte Beach and downtown Monterey. One 2bed/2bath unit and two 1bed/1bath units with 2 parking spots per tenant and a 1-car garage for the 2 bedroom unit. Both studio's were upgraded in 2019.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-20T15:26:39.203. 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 deemed reliable but is not guaranteed accurate by the MLS or Better Homes and Gardens Real Estate Vogler Feigen. Licensed in the State of California, USA.

    www.sonyathebroker.com/homes/108390340
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    1074 3rd Street Monterey, CA 93940

    • Price: $699,000
    • Status: Active Under Contract
    • Updated: 37 min ago
    • ID#: ML81803527
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    1,354
    SQFT
    $516
    $/SQFT
    1950
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Monterey
    Area:
    699 - Not Defined
    Property Description
    Triplex with good income history. Ideally located in the heart of Monterey's Oak Grove district with in walking distance to Naval Post Graduate School, Monterey Peninsula College, Del Monte Beach and downtown Monterey. One 2bed/2bath unit and two 1bed/1bath units with 2 parking spots per tenant and a 1-car garage for the 2 bedroom unit. Both studio's were upgraded in 2019.
    Exterior Features

    Carport Spaces 0.00 Foundation Details Combination Garage Spaces 2.00 Lot Features Near Public TransitPavedPatio Home Lot Size Source Assessor Lot Size Units Square Feet Parking Features Parking Space Parking Total 2.00 Parking YN Yes Roof Composition View None View YN No

    Interior Features

    Appliances Gas Oven Appliances YN Yes Average1 Bed Area 342 Average2 Bed Area 342 Average3 Bed Area 670 Cooling Wall/Window Unit(S) Cooling YN Yes Heating Wall Furnace Heating YN Yes Interior Features Built-In FeaturesWired For Sound Laundry Features None Room Type Office

    Property Features

    Accessibility Features None Cap Rate 4.50 Gross Multiplier 14.90 Gross Scheduled Income 46920.00 Insurance Expense 1130.00 Laundry YN No Maintenance Expense 6000.00 Professional Management Expense 0.00 Special Listing Conditions Standard Trash Expense 0.00 Zoning R2

    Listing provided courtesy of Paul Riddolls of Sotheby's Int'l Realty-Rancho


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-20T15:26:39.203. 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 deemed reliable but is not guaranteed accurate by the MLS or Better Homes and Gardens Real Estate Vogler Feigen. Licensed in the State of California, USA.

     
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