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Additional details
$ 1,500,000
Est. payment | /mo
2,204 SqFt
$ 1,500,000
Est. payment | /mo
2,204 SqFt
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Triplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,204 sqft
Price per Sqft $680
MLS Listing ID ML82033151
HOA Y/N No
Year Built 1958
Annual Tax Amount $2,164
Lot Size 6,033 Sqft
Property Sub-Type Triplex
Property Description
Rare opportunity to acquire a well-located triplex in the heart of New Monterey. This property features three single-level units with functional, well-designed layouts and attractive finishes that appeal to todays tenants. Ideally positioned within easy walking distance to Downtown Monterey, residents can enjoy quick access to shops, restaurants, and everyday conveniences. The beach, Cannery Row, Monterey Bay Aquarium, and other iconic Monterey amenities are just a short stroll away, making this an exceptionally desirable rental location. Close proximity to the Defense Language Institute, Middlebury Institute of International Studies, and Naval Postgraduate School creates consistent rental demand and contributes to a strong, healthy rent roll. The property has been well maintained and offers a turnkey investment with long-term upside in one of Montereys most sought-after neighborhoods. Offered for the first time on the market, this is a rare chance to own a legacy multifamily asset in a prime coastal location with proven income performance and excellent walkability.
Location
State CA
County Monterey
Area 699 - Not Defined
Zoning R-2
Interior
Fireplace No
Exterior
Garage Spaces 3.0
Garage Description 3.0
View Y/N No
Roof Type Tile
Accessibility None
Total Parking Spaces 3
Building
Story 1
Sewer Public Sewer
Water Public
Schools
School District Other
Others
Tax ID 001151014000
Special Listing Condition Standard
Listed by The C Group Real Brokerage Technologies #70010221
NEARBY SCHOOL & BUSINESS