75 S Madeira Avenue, Salinas, CA 93905
-
Listed Price :
$1,550,000
-
Beds :
N/A
-
Baths :
-
Property Size :
3,136 sqft
-
Year Built :
1964
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.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
| Interior Information |
| Cooling Type |
None |
| Heating Type |
Wall Furnace |
Listing Information
| Address |
75 S Madeira Avenue |
| City |
Salinas |
| State |
CA |
| Zip |
93905 |
| County |
Monterey |
| Listing Agent |
Debra Ann Demos DRE #01104266 |
| Courtesy Of |
eXp Realty of California Inc |
| List Price |
$1,550,000 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Quadruplex |
| Structure Size |
3,136 |
| Lot Size |
11,937 |
| Year Built |
1964 |
Listing information courtesy of: Debra Ann Demos, eXp Realty of California Inc. *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.
