Beautiful two story 8-unit apartment complex in South Salinas. Detached 8 single car garages with laundry room. Units consist of 7 one bedroom / one bath apartments (3 downstairs, 4 upstairs); and 1 studio apartment with separate kitchen/dining area and bathroom (downstairs). Units have separate gas and electric meters paid by tenants. Single water meter paid by Owner. Trash paid by owner. Beautiful building. Most rents below market. All units on month-to-month lease. Huge income potential. Financials pro-forma. This property is located in an Opportunity Zone, NMTC Qualified-Severely Distressed (New Markets Tax Credits).
Individual Electric Meters, Individual Gas Meters, Public Utilities
Pillars/Posts/Piers, Concrete Perimeter, Crawl Space
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