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501 Fremont St

Salinas, CA 93905
  • $1,949,000
  • STATUS: Active Under Contract
  • ON SITE: 94 Days
  • ID#: ML81957714
Under Contract
UPDATED: 167 min ago
$1,949,000
  • 0
    BEDS
  • 0.44
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,248
    SQFT
  • $459
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1950
County:
Area:

School Ratings & Info

Listing provided courtesy of Hap Albers of Albers Real Estate Investment Company: 408-893-6002.

Description

Eleven units in Salinas have significant potential rent upside. The two-bedroom units average $1311 monthly, and the two-bedroom market rents are estimated at $2200. The studio and one-bedroom units average $1158 monthly, and the studio / one-bedroom market rents are estimated at $1500. Potentially, there is $5,000+ per month in rental upside. There are three two-bedroom cottages, one four-plex building, and four cottages connected with covered carports. The asphalt parking lot was recently repaved. The units are separately metered for gas and electricity. The owner pays for water, sewer, and garbage. The complex is close to grocery markets, restaurants, Highway 101, and many employment centers.

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© 2024 MLSListings Inc. Based on information from MLSListings MLS as of 2024-06-18T20:51:31.093. Data is updated hourly. 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 Olga Golovko | Keller Williams Realty-Silicon Valley.

Licensed in the State of California.
Website powered by BoomTown.
www.golovkohomes.com/homes/148619609
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501 Fremont St Salinas, CA 93905

  • Price: $1,949,000
  • Status: Active Under Contract
  • On Site: 94 Days
  • Updated: 167 min ago
  • ID#: ML81957714
0
Beds
0
Baths
0
½ Baths
0.44
Acres
4,248
SQFT
$459
$/SQFT
1950
Built
Neighborhood:
Es-66
County:
Monterey
Area:
Es-66
Property Description
Eleven units in Salinas have significant potential rent upside. The two-bedroom units average $1311 monthly, and the two-bedroom market rents are estimated at $2200. The studio and one-bedroom units average $1158 monthly, and the studio / one-bedroom market rents are estimated at $1500. Potentially, there is $5,000+ per month in rental upside. There are three two-bedroom cottages, one four-plex building, and four cottages connected with covered carports. The asphalt parking lot was recently repaved. The units are separately metered for gas and electricity. The owner pays for water, sewer, and garbage. The complex is close to grocery markets, restaurants, Highway 101, and many employment centers.
Exterior Features

Foundation Concrete Perimeter Garage Parking Carport Number Of Buildings 5 Parking Spaces 5 Pool YN No Roof Composition Units In Complex Min 11

Interior Features

Beds Unit1 2 Beds Unit3 1 Cooling None Flooring LaminateTileVinyl / Linoleum Heating GasWall Furnace Kitchen Features Oven Range - GasRefrigerator Laundry None Structure Sq Ft 4248

Property Features

Accessibility Features None Additional Listing Info Not Applicable City Limits Yes City Name SALINAS Hoa YN No Incorporated Yes Lot Size Area Maximum 19200.00 Meters Master WaterSeparate ElectricSeparate Gas Rent Unit1 1291 Rent Unit2 1126 Rent Unit3 1052 Restrictions None Security Features None Sewer Septic Sewer Connected Sq Ft Source Other Utilities Individual Electric MetersIndividual Gas Meters Water Private / Mutual Zoning R-L-5.5 Residential Low Density

Listing provided courtesy of Hap Albers of Albers Real Estate Investment Company: 408-893-6002.



© 2024 MLSListings Inc. Based on information from MLSListings MLS as of 2024-06-18T20:51:31.093. Data is updated hourly. 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 Olga Golovko | Keller Williams Realty-Silicon Valley.

Licensed in the State of California.
Website powered by BoomTown.
 
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Olga Golovko | Keller Williams Realty-Silicon Valley
2110 S Bascom Ave #101
Campbell CA, 95008

Listing provided courtesy of Hap Albers of Albers Real Estate Investment Company: 408-893-6002.