$825,000
3-unit investment opportunity at 1142 Pacific Ave. in East Salinas. The property features a front house with 2 bedrooms and 1 bathroom, plus two rear units that are each 1 bedroom and 1 bathroom. The property is currently tenant-occupied with long-term tenants in place and offers a 5+ cap rate on existing rents. Flexible options for an owner-occupant looking to live in one unit while generating rental income from the others, or for an investor seeking a stable multi-unit property with upside potential.
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Listed by Mike Handley with Town'N Country Realty (831) 424-0001
Property Type
Triplex
Status
Active
MLS Number
ML82038819
Year Built
1937
Lot Size
6,168 sq ft