Remarks

Multi-family Investment property w tremendous upside. Large flat lot over 3/4 acre with existing structures. Fix em up,rent em out, cash flow. Property has long history as rental property and a recent Stipulated Ageement w N Monterey County to allow 8 residential(4 single family, 2 duplex) and one commercial office unit for next owner. All properties need work to make rent ready however for right investor the juice is worth the squeeze. Buyer to verify all zoning, allowable uses, unit count , property condition, sq ft as Seller and agent advise Buyer to complete thorough due diligence and review existing documents prior to making offer.

Details

MLS#: ML81992648
Price: $1,500,000

Style: Five or More Units
Sq Ft: 8000
Year Built: 1967

County: Monterey