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Listed by Baird Partnership, Inc.
$ 1,495,000
Est. payment | /mo
3,441 SqFt
$ 1,495,000
Est. payment | /mo
3,441 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,441 sqft
Price per Sqft $434
MLS Listing ID ML82060994
HOA Y/N No
Year Built 1934
Lot Size 6,716 Sqft
Property Sub-Type Other
Source Datashare MLSListings
Property Description
157 Central Ave is an 8-unit apartment complex located in Downtown Salinas, adjacent to Hartnell College and Monterey County government offices. The property consists of six studio apartments within the two-story main building, along with two detached units: one one-bedroom/ one-bath unit and one three-bedroom/one-bath unit. The property has historically experienced very low tenant turnover, providing a stable and consistent rental history. The one-bedroom/one-bath unit can be delivered vacant at closing, offering an owner-user the opportunity to occupy the unit or an investor the flexibility to lease it at market rates.
Location
State CA
County Monterey
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Building
Water Public