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43 N Hebbron Ave, SALINAS, CA – $999,000

  • $999k Price
  • 3,525 Sqft
  • .23 Acres
  • $999k Price
  • 3,525 Sqft
  • .23 Acres

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43 N Hebbron Ave

LOWEST GRM 10.42 on current rents ($93,600) for any complex 2+ units in Monterey, Santa Clara, or San Benito Counties. There is potential rental upside in many units. Multi-family investment opportunity with a total of 7 units. The complex features a two bedroom / one bathroom cottage with a fenced yard. Cottage rents for $1250. The rear building features a studio, 4 one bedroom units and a large one bedroom unit located above the garage and laundry room. Studio rents for $750. One bedroom units rent for $950. and the large above-garage unit rents for $2000. Units are heated with gas wall furnaces and electric heat. Both buildings had new roof installed in 2017 and recently painted.

Essential Information

  • MLS® #ML81717709
  • Price$999,000
  • Square Footage3,525
  • Acres0.23
  • Year Built1936
  • TypeMulti-Residential
  • Sub-TypeFive or More Units
  • StatusActive

Community Information

  • Address43 N Hebbron Ave
  • AreaES-66
  • CitySALINAS
  • CountyMonterey
  • StateCA
  • Zip Code93905

Amenities

  • Parking Spaces8

Utilities

Individual Electric Meters, Individual Gas Meters

Interior

  • CoolingNo Cooling

Heating

Gas Heat, Wall Furnace, Electric Heat

Exterior

  • Lot DescriptionGrade - Level
  • RoofComposition Roof
  • FoundationConcrete Perimeter

Additional Information

  • ZoningMulti-Family

Listing Details

  • AgentHap Albers

Office

Albers Real Estate Investment Company

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Price Change History for 43 N Hebbron Ave, SALINAS, CA (MLS® #ML81717709)

Date Details Price Change
Active
Contingent (from Active)
Price Reduced (from $1,100,000) $999,000 $101,000 (9.18%)

© 2019 MLSListings Inc. All rights reserved. Based on information from MLSListings MLS as of April 21st, 2019 at 12:09am CDT.
All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS.
All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.