Monterey, CA 93940,Address not disclosed

$1,225,000

Est. payment /mo

$1,295,000

5.4%
Est.Price: ?

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Address not disclosed Monterey, CA 93940

2,271 SqFt

SOLD DATE : 07/23/2021

Key Details

Sold Price $1,225,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,271 sqft

Price per Sqft $539

MLS Listing ID ML81849724

Sold Date 07/23/21

HOA Y/N No

Year Built 1980

Annual Tax Amount $6,247

Lot Size 5,397 Sqft

Acres 0.1239

Property Description

Newly renovated triplex in Monterey. Front unit is a free standing 2 bedroom cottage with private deck, recently painted with new carpet installed. Rear duplex features 2-1 bedroom remodeled units, with vaulted ceilings, underground reserved parking and lots of natural light. New roof installed on front house and both buildings have been professionally painted. There is a stairwell leading up to the back units and the deck landing has been refinished as well. Walking distance to downtown, near the Monterey bike trail only minutes away from Naval Post Graduate School, shopping and dining. Great home and income or investment property located in a very strong rental area. Single ownership since the property was built in 1980! Lots of love and care have been invested in this property. Projected market value rents at $2,200 for unit A & 1,950 for B & C.

Location

State CA

County Monterey

Area 699 - Not Defined

Zoning 2C

Interior

Heating Electric

Cooling None

Flooring Carpet

Fireplace No

Exterior

Garage Covered

Garage Spaces 2.0

Garage Description 2.0

Roof Type Composition

Accessibility None

Parking Type Covered

Building

Story 2

Sewer Public Sewer

Water Public

Schools

School District Other

Others

Tax ID 013081004000

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Andrew Phillips • Phillips Real Estate
Bought with Gin Weathers • Compass

The Wilkas Group - Lenore & Alexander Wilkas

Real Estate Advisors | License ID: 01343201 & 01355442

+1(760) 407-2100

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