510 Cayuga Street Salinas, CA 93901

$1,595,000
510 Cayuga Street, Salinas, CA 93901
ML81709947

Multi-Family Home for sale in Salinas, CA

for $1,595,000. This 3,960 square foot home was built in 1922 on a lot size of 0.31 Acre(s).

Property Information

  • $1,595,000
  • Multi-Family
  • 3,960 Square Feet
  • Taxes are $16,430
  • Other / Unknown
  • Active
  • Lot size of 0.31 Acre(s)
  • Built in 1922
  • Salinas, CA
  • West Salinas Neighborhood
  • Monterey County
  • MLS/Web ID is ML81709947

Description

Attention Investors! Here's a rare find, and a great opportunity to own this 8 unit rental property in the heart of South Salinas with 8 individual 1Br/1Ba cottages, 7 with garages used as parking or storage, a couple with small yard. Low maintenance/operating expenses with tenants paying gas, electric AND water on individual meters. Older units but in good condition with roofs replaced 2003 and windows replaced 8-10 years ago. . Long term tenants. Highly desirable tenant location with easy walking distance to Old Town shopping and dining, Hartnell College and county and city buildings. These units are under market rents and the very tight rental market means opportunity for you! Buyer to verify all measurements and information.

Interior 4

Appliances

  • Refrigerator

Heating System

  • Gas Heater
  • Wall Unit

Sewer

  • Public Sewer

Water Source

  • Other
  • Public Water

Exterior 2

Parking

  • 1-20 Parking Spaces
  • Assigned Parking

Roof

  • Composition

Miscellaneous 2

Maintenance Fee Includes

  • Gas

Utilities

  • Electric

† Excluded Feature

Listed By

Listing Agent: Bob Fried
Broker: NORM YOP, INC., REALTORS

510 Cayuga Street, Salinas, CA, 93901 is a Multi-Family Home for sale at $1,595,000 with 3,960 sqft and a lot size of 0.31 Acre(s). 510 Cayuga Street has 0.0 baths and was built in 1922. The property's zip code is 93901 which is in Salinas, CA

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Market Pricing

Average % of sale price Median % of sale price
All listings in Salinas $845,891 47 % below $575,000 64 % below
Multi-family listings in Salinas $1,389,643 13 % below $897,000 44 % below

Get the facts about Salinas, CA!

Population 156,380
Population Growth (since 2000) 3 %
Median Income $50,139
Median Age 30.96
Households w/ Children 47 %

Residential Dwellings

  • Owned 19138
  • Vacant 2103
  • Rented 22845

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Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363