$865,000
For Sale

1140 E Market Street

Salinas, CA 93905
1440 sqft | 3 beds | 2.5 baths | 0.16 acres | #ML81971466
Listing OfficeAlbers Real Estate Investment Company
Browse 292 photos
Type:Purchase
Structure:House
Zone:Residential

Description

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.

  • Property Details
      • Property SubtypeSingleFamilyResidence
      • FoundationConcretePerimeter
      • MLS #ML81971466
      • MLS #ML81971466
      • InteriorWorkshop
      • Property TypePurchase
      • CountyMonterey
      • Original List Price$975,000
      • Acres0.1607
      • Cost865000
      • Lot DescriptionLevel
      • School DistrictOther
      • Square Feet1440
      • Year Built1940
      • Bathrooms2.5
      • Bedrooms3
      • Full Baths2
      • Half Baths1
      • Stories1
      • Parking Spaces1

Location

Jessie Espinosa | Century 21 Select Real Estate, TurlockReal Estate Group
$
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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