Skip To Content
    Return to Previous Page

    835-837 S S. Main St

    Salinas, CA 93901
    • $835,000
    • STATUS: Active Under Contract
    • ON SITE: 115 days
    • ID#: ML81804931
    Under Contract
    UPDATED: 215 min ago
    $835,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,208
      SQFT
    • $160
      $/SQFT
    Neighborhood:
    Ss
    Type:
    Multi-Family
    Built:
    1937
    County:
    Area:
    Ss

    School Ratings & Info

    Description

    South Salinas Mix-Use Building with 9 private parking spaces or seller shall provide parking lot agreement. Detached 2 car garage/storage. Existing 4 bedrooms 1 bath unit on the second floor and can be built out to four dwelling units per the City of Salinas. Existing leases in place. Annual Gross Income $62,400.00. Cap Rate at asking price $835,000. is 5.1%!!! Great central location with excellent store frontage. Downstairs could be three separate businesses with three front door entrances and the potential to build four apartments with a projected value at $1.6M ++ *** Seller motivated and found a replacement property.

    Monthly Payment Calculator



    © 2020 MLSListings Inc. Based on information from MLSListings MLS as of 2020-11-30T23:48:17.333. 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. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Live Play Silicon Valley | Keller Williams Realty Silicon Valley.

    Licensed in the State of California.
    siliconvalley.liveplayrealestate.com/homes/108664331
    Print Image

    835-837 S S. Main St Salinas, CA 93901

    • Price: $835,000
    • Status: Active Under Contract
    • Updated: 215 min ago
    • ID#: ML81804931
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    5,208
    SQFT
    $160
    $/SQFT
    1937
    Built
    Neighborhood:
    Ss
    County:
    Monterey
    Area:
    Ss
    Property Description
    South Salinas Mix-Use Building with 9 private parking spaces or seller shall provide parking lot agreement. Detached 2 car garage/storage. Existing 4 bedrooms 1 bath unit on the second floor and can be built out to four dwelling units per the City of Salinas. Existing leases in place. Annual Gross Income $62,400.00. Cap Rate at asking price $835,000. is 5.1%!!! Great central location with excellent store frontage. Downstairs could be three separate businesses with three front door entrances and the potential to build four apartments with a projected value at $1.6M ++ *** Seller motivated and found a replacement property.
    Exterior Features

    Construction Type Wood Frame Foundation Concrete Perimeter Garage Parking Assigned SpacesDetached Garage Lot Description Grade - Level Number Of Buildings 1 Pool YN No Roof Rolled Composition Stories 2 View CityDowntownMountains

    Interior Features

    Additional Rooms Storage Beds Unit2 4 Cooling Central Ac Flooring HardwoodVinyl / Linoleum Heating Central Forced Air - Gas Kitchen Features Cooktop - GasRefrigerator Laundry Washer / Dryer Sq Ft Unit1 2600 Sq Ft Unit2 2598 Structure Sq Ft 5208

    Property Features

    Accessibility Features Parking Additional Listing Info Not Applicable Amenities High Ceiling City Limits Yes City Name Salinas Cross Street Acacia Street Hoa YN No Horse Property YN No Lot Size Area Maximum 8412.00 Meters Separate ElectricSeparate Gas Property Sub Type Mixed Use Or Other Multi-Unit Rent Unit1 2600 Rent Unit2 2600 Security Features None Sewer Septic Sewer - Public Sq Ft Source Assessor Utilities Public Utilities Water Public Zoning Mix-Use

    © 2020 MLSListings Inc. All rights reserved. Listing provided courtesy of Debra Ann Demos of Exp Realty Of California Inc..


    © 2020 MLSListings Inc. Based on information from MLSListings MLS as of 2020-11-30T23:48:17.333. 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. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Live Play Silicon Valley | Keller Williams Realty Silicon Valley.

    Licensed in the State of California.
     
    https://bt-photos.global.ssl.fastly.net/siliconv/1280_boomver_1_81804931-2.jpg https://bt-photos.global.ssl.fastly.net/siliconv/1280_boomver_1_81804931-2.jpg https://bt-photos.global.ssl.fastly.net/siliconv/1280_boomver_1_81804931-2.jpg
    Logo
    Live Play Silicon Valley | Keller Williams Realty Silicon Valley
    2110 S. Bascom Ave #101
    Campbell CA, 95008
    ,!-- Client provided July 25 2019 -->