1220 3rd Street

    Monterey, CA 93940
    • $1,249,000
    • STATUS: Pending
    • ON SITE: 38 days
    • ID#: ML81779263
    Pending
    UPDATED: 66 min ago
    $1,249,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,862
      SQFT
    • $436
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1925
    County:

    School Ratings & Info

    Description

    Trophy triplex in Monterey with historic charm! This craftsman style triplex consists of two, one bedroom, one bathroom units upstairs and one, two bedroom, one bathroom unit downstairs. This unit sits on an expansive double lot close to the Naval Post Graduate School and local beaches. Park your car and enjoy the amenities of downtown Monterey a quick jaunt away. The property includes a finished detached garage with water, full basement with coin operation laundry plus extra secured storage space for tenants use. Each unit has its own PG&E meter, full kitchen, separate bedroom and living room.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-24T20:29:20.307. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Parkside Real Estate. Licensed in the State of California, USA.

    www.discoverslocountyrealestate.com/homes/102359068

    1220 3rd Street Monterey, CA 93940

    • Price: $1,249,000
    • Status: Pending
    • Updated: 66 min ago
    • ID#: ML81779263
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    2,862
    SQFT
    $436
    $/SQFT
    1925
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Monterey
    Area:
    699 - Not Defined
    Property Description
    Trophy triplex in Monterey with historic charm! This craftsman style triplex consists of two, one bedroom, one bathroom units upstairs and one, two bedroom, one bathroom unit downstairs. This unit sits on an expansive double lot close to the Naval Post Graduate School and local beaches. Park your car and enjoy the amenities of downtown Monterey a quick jaunt away. The property includes a finished detached garage with water, full basement with coin operation laundry plus extra secured storage space for tenants use. Each unit has its own PG&E meter, full kitchen, separate bedroom and living room.
    Exterior Features

    Architectural Style Craftsman Carport Spaces 0.00 Construction Materials ConcreteWood SidingRedwood Siding Exterior Features Barbecue Private Foundation Details SlabPier JacksRaisedConcrete Perimeter Garage Spaces 1.00 Lot Features Near Public TransitBack YardPatio HomeSprinklers Drip System Lot Size Source Assessor Lot Size Units Square Feet Parking Features Detached CarportParking SpaceOff StreetStreet Parking Total 1.00 Parking YN Yes Roof Rolled/Hot MopComposition

    Interior Features

    Appliances FreezerRefrigeratorMicrowaveRange HoodGas CookingIndoor Grill Appliances YN Yes Average1 Bed Area 1441 Average2 Bed Area 729 Average3 Bed Area 729 Flooring Wood Heating ElectricForced AirWoodFireplace(S)Wall FurnaceNatural Gas Heating YN Yes Interior Features Living Room Deck AttachedLiving Room BalconyBalcony Room Type Sound StudioAtticRetreat Window Features Double Pane WindowsBay Window(S)

    Property Features

    Accessibility Features None Cap Rate 3.75 Gross Multiplier 19.10 Gross Scheduled Income 65400.00 Insurance Expense 2665.00 Maintenance Expense 0.00 Professional Management Expense 8632.00 Security Features Security Lights Special Listing Conditions Standard Trash Expense 1220.00 Zoning Multi Fam

    Listing provided courtesy of Susan Cardinale of Coldwell Banker Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-24T20:29:20.307. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Parkside Real Estate. Licensed in the State of California, USA.

     
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