Active

1140 E Market ST

SALINAS CA, 93905

$865,000


$600.69 per sqft

Active

3 Beds

2.5 Baths

1,440 sqft

Residential

Built in 1940

Listed by Albers Real Estate Investment Company, Hap Albers, Listing Contact: 4088936002

Inlaws, contractors, storage, & mortgages. Very unique offering features a two-bedroom / one-bathroom 942 sq. ft home, a newly remodeled one-bedroom/one-bathroom 498 sq. ft 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 a 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: The apartment unit has been newly remodeled - no one has lived in it since it was finished. The unit features LVP flooring and a new kitchen with stainless steel appliances and quartz cabinets. The bathroom was also remodeled. Mortgage & Rents: At $1500/month=$18,000 @ 6% interest = the apartment rent covers $240,000+ in mortgage interest. Almost all windows are vinyl. Electric panels are newer - Square D. Roof was installed in 2017.

ML81971466

MLS ID

June 28, 2024

Listed

October 10, 2024

Updated

Map

1140 E Market ST
SALINAS CA, 93905

Interior Features

Total Stories

1


Bedrooms

3


Total Bathrooms

2.5


Full Bathrooms

2


Half Bathrooms

1


Interior Features

Tile


Floor Description

Tile


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Forced Air, Natural Gas

Exterior/Building Features

Lot Size

0.16 Acres


Lot Features

Level


Roof

Composition

School Information

School District

Alisal Union Elementary

Other Property Details

Area Name

ES-68


Garage

Yes


Garage Spaces

1


Parking

Off Street, Detached


Parking Total

3


View

No


County

Monterey


Pool

No


Zoning

R-L-5.5

Listing History

Date

Event

Price

10/8/2024

Price change

$865,000

-4%

9/5/2024

Active

8/23/2024

Under contract

8/10/2024

Price change

$899,000

-4%

7/25/2024

Price change

$930,000

-5%

Listed by Albers Real Estate Investment Company, Hap Albers,
Listing Contact: 4088936002 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Bailey Papazian shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Bailey Papazian are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

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Data last updated 11:30 PM UTC, 10/10/2024

 

 

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