75 S Madeira Avenue
Salinas, CA, 93905
$1,550,000
Beds
0 Baths
SqFt
0.27 Acres
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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.

Property Details

Price:
$1,550,000
MLS #:
ML81995311
Status:
Active
Baths:
0
Address:
75 S Madeira Avenue
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
699notdefined
City:
Salinas
Listed Date:
Feb 25, 2025
State:
CA
ZIP:
93905
Lot Size:
11,937 sqft / 0.27 acres (approx)
Year Built:
1964
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Interior

Accessibility Features
None
Cooling
None
Heating
Wall Furnace

Exterior

Garage Spaces
0.00
Lot Features
Level
Parking Spots
8.00
Roof
Composition
Sewer
Public Sewer
Stories Total
1
Water Source
Public

Financial

Taxes
$8,714

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75 S Madeira Avenue
Salinas, CA