9
See all 9 photos
$1,550,000
Est. payment /mo
3,136 SqFt
New
75 S Madeira AVE Salinas, CA 93905
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UPDATED:
02/27/2025 07:17 PM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,136 sqft
Price per Sqft $494
MLS Listing ID ML81995311
HOA Y/N No
Year Built 1964
Annual Tax Amount $8,714
Lot Size 0.274 Acres
Property Sub-Type Quadruplex
Property Description
Great investment opportunity. Low-maintenance 4-plex with two one-level buildings on a large 11,900+ square foot lot. Annual Gross Income $106,560.00. All units have two bedrooms, one full bath, and laundry hook-up with yards/patios. Walking distance to markets, restaurants/deli, parks, and schools in established Sherwood neighborhood. All leases are month-to-month, conventional residential financing for 4-plex or cash or maybe your 1031 Exchange clients.
Location
State CA
County Monterey
Area 699 - Not Defined
Zoning 4 plex
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Accessibility None
Total Parking Spaces 8
Building
Lot Description Level
Story 1
Sewer Public Sewer
Water Public
Architectural Style Traditional
Schools
School District Other
Others
Tax ID 003031031000
Special Listing Condition Standard
Listed by Debra Ann Demos • eXp Realty of California Inc