75 S Madeira Avenue

Salinas, CA 93905

$1,550,000

List Price

N/A

bed Beds

shower Baths

3,136 sqft

straighten / sqft

1964

calendar_month Built

Property Description

Great investment opportunity. Low-maintenance 4-plex with two one-level buildings on a large 11,900+ square foot lot. Annual Gross Income $106,560.00. All units have two bedrooms, one full bath, and laundry hook-up with yards/patios. Walking distance to markets, restaurants/deli, parks, and schools in established Sherwood neighborhood. All leases are month-to-month, conventional residential financing for 4-plex or cash or maybe your 1031 Exchange clients.

Listing Information

List Price $1,550,000
Status Active
MLS ML81995311
Type Residential Income
Subtype Quadruplex
Year Built 1964
Lot Size 11,937
Structure Size 3,136
DOM 2
Courtesy Of eXp Realty of California Inc
Listing Agent Debra Ann Demos DRE#01104266

Interior Features

Total Bedroom
Bedrooms N/A
Cooling Type
Cooling Type None
Heating Type
Heating Type Wall Furnace

Maps

Listing information courtesy of: Debra Ann Demos, eXp Realty of California Inc 831-818-9137. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 27th, 2025 at 7:17 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.