277 Van Buren St, Monterey, CA

$1,350,000

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5

Beds

3

Baths

2,100

Square feet

0.09

Acres

About 277 Van Buren St

Monterey triplex near the Pacific Ocean, downtown Monterey, Fisherman's Wharf, Cannery Row, and the Middlebury Institute of International Studies (MIIS). Top floor unit is perfect for an owners unit or second home. This unit has two bedrooms / one bathroom and ocean views. There are two rooms accessed from the kitchen - the first room can function as a third bedroom, home office, storage, exercise room, or other uses. Off kitchen rooms potential can be combined into a third bedroom with ocean views. The second room has a window with an wide ocean view, Del Monte Beach white water surf, and can be used as a home office or other uses. The bottom two units are both one bedroom / one bathroom units with potential $4,000+ monthly rent. This $4000 rent, at 8% interest, can pay for $500,000 of an amortized loan payment. There may be enough water credits to construct an ADU on the site.

Features of 277 Van Buren St

MLS® # ML81955742
Price $1,350,000
Bedrooms 5
Bathrooms 3.00
Full Baths 3
Square Footage 2,100
Square Footage Assessor
Acres 0.09
Year Built 1944
Type Single Family Residential
Sub-Type Detached Single Family
Style Traditional
Status Active

Community Information

Address 277 Van Buren St
Area Old Town Monterey
City Monterey
County Monterey
State CA
Zip Code 93940

Amenities

Utilities Individual Electric Meters, Individual Gas Meters, Public Utilities
Parking Spaces 1
Garages Tandem Parking, 1 Car Garage
View Bay View, Mountains, Neighborhood
Is Waterfront No
Has Pool No

Interior

Appliances Cooktop - Gas, Oven Range - Built-In, Gas
Heating Gas Heat, Electric Heat
Cooling No Cooling
Fireplace No
# of Stories 2

Exterior

Lot Description Grade - Mostly Level
Roof Composition Roof
Construction Wood Construction, Wood Frame
Foundation Concrete Perimeter

Additional Information

Zoning R-3-6
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentHap Albers
OfficeAlbers Real Estate Investment Company
Contact Info831-372-1922

Listing Map

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