1022 Mohar Street Salinas, CA 93905

$559,000
1022 Mohar Street, Salinas, CA 93905
ML81727688

Multi-Family Home for sale in Salinas, CA

for $559,000 with 4 bedrooms. This 1,992 square foot home was built in 1947 on a lot size of 0.17 Acre(s).

Property Information

  • $559,000
  • 4 Bedrooms
  • Multi-Family
  • 1,992 Square Feet
  • Taxes are $6,513
  • Quadruplex
  • Active
  • Lot size of 0.17 Acre(s)
  • Built in 1947
  • Salinas, CA
  • East Salinas Quadrant Neighborhood
  • Monterey County
  • MLS/Web ID is ML81727688
  • Just Listed

Description

4 units with Great upside potential! Property consists of four 1 bedroom 1 bath units. Individual PG&E meters. Rents are low, and yet still has 6% CAP rate. Easy walk to schools, Restaurants and shopping. With a little TLC you can increase the rent for an ever higher CAP rate. Loads of potential here. If your looking for a property that offers "sweat equity" look no further. This diamond in the rough can be a real gem. Check around, you won't find a better deal out there. Yes, it could use some TLC but return on investment here would be great!

Interior 4

Cooling System

  • No Air Conditioning

Heating System

  • Gas

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 2

Parking

  • 1-20 Parking Spaces

Roof

  • Composition Shingles

† Excluded Feature

Listed By

Broker: RAEID FARHAT REAL ESTATE

1022 Mohar Street, Salinas, CA, 93905 is a Multi-Family Home for sale at $559,000 with 1,992 sqft and a lot size of 0.17 Acre(s). 1022 Mohar Street has 4 bedrooms, 0 baths, and was built in 1947. The property's zip code is 93905 which is in Salinas, CA

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Market Pricing

Average % of sale price Median % of sale price
All listings in Salinas $783,627 40 % above $585,000 5 % above
Multi-family listings in Salinas $785,990 41 % above $689,500 23 % above

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