Property Attributes
- MLS#ML81955742
- TypeSingle Family
- CountyMONTEREY
- CityMonterey
- AreaOld Town Monterey
- Zip93940
- StyleTraditional
- Price$ 1,395,000
- Bedrooms5
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage2100
- Lot Size3,999 SqFt
Data Source:
MLSListings Inc.
Property Description
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.
Price History | |
---|---|
2/29/2024 | Listed $1,425,000 |
4/11/2024 | 3% - $1,395,000 |
General Features
Heating | Gas,Electric |
---|---|
Cooling | None |
Utilities | Individual Electric Meters,Individual Gas Meters,Public Utilities |
Roof | Composition |
Water | Public |
Number of Garage Spaces | 1 |
Architectural Style | Traditional |
Construction Materials | Wood,Wood Frame |
Energy Features | None |
Additional Rooms | Other |
Year Built | 1944 |
View | Bay,Mountains,Neighborhood |
Age | 80 |
Property SubType | Single Family Home |
City Limits (Y/N) | Yes |
Zoning Text | R-3-6 |
Building Type | Detached |
Incorporated Y/N | Yes |
Accessibility | None |
County | Monterey |
Property Type | Residential |
Special Listing Conditions | Not Applicable |
Status | Active |
City | Monterey |
MLS Area | Old Town Monterey |
Listing Agent State License | 01006595 |
Interior Features
Kitchen | Countertop - Formica,Cooktop - Gas,Oven Range - Built-In,Gas |
---|---|
Flooring | Laminate,Carpet,Hardwood |
Family Room | Kitchen / Family Room Combo |
Dining Room | Dining Area |
Living SqFt | 2100 |
Full Baths | 3 |
Laundry Features | Inside |
Total Bedrooms | 5 |
Exterior Features
Lot Description | Grade - Mostly Level |
---|---|
Fencing | Fenced |
Parking Features | Tandem Parking |
Horse Property | No |
Parking Spaces | 1 |
Lot Size Area | 4000.00 |
Maximum Lot Size | 4000.00 |
Yard/Grounds | Fenced,Balcony / Patio,BBQ Area |
Sewer/Septic | Sewer Connected |
Foundation Details | Concrete Perimeter |
Building Area Total | 2100 |
Lot Acres | 0.0918 |
Lot Size Units | Square Feet |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool