About 75 S Madeira Ave
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.
Features of 75 S Madeira Ave
| MLS® # | ML81995311 |
|---|---|
| Price | $1,550,000 |
| Square Footage | 3,136 |
| Square Footage | Assessor |
| Acres | 0.27 |
| Year Built | 1964 |
| Type | Multi-Residential |
| Sub-Type | Fourplex |
| Style | Traditional |
| Status | Active |
Community Information
| Address | 75 S Madeira Ave |
|---|---|
| Area | ES-66 |
| City | SALINAS |
| County | Monterey |
| State | CA |
| Zip Code | 93905 |
Amenities
| Utilities | Individual Gas Meters, Public Utilities |
|---|---|
| Parking Spaces | 8 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Wall Furnace |
|---|---|
| Cooling | No Cooling |
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Lot Description | Grade - Level |
|---|---|
| Roof | Composition Roof |
| Foundation | Concrete Perimeter & Slab |
Additional Information
| Zoning | 4 plex |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Debra Ann Demos |
|---|---|
| Office | eXp Realty of California Inc |
| Contact Info | 831-818-9137 |