Great investment opportunity to own a a tri-plex in a highly desirable rental area. Blessed with a great location that is close to NPS and downtown vacancies do not last long. Each unit has it's own garage. All apartments have washer dryer hookups and are on separate water meters. This property has been maintained well and will provide steady income.
Sold for $1,500,000 on 08/15/24
$1,500,000
1221 5th St, Monterey, CA 93940
--beds
--baths
2,145sqft
Triplex, Residential Income
Built in 1965
-- sqft lot
$1,434,000 Zestimate®
$699/sqft
$2,391 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: August 15, 2024 at 08:44am
Listed by:
Geary Engles 00874135 831-596-7618,
First City Real Estate, Inc. 831-649-2533
Bought with:
Michael Singh, 01840098
Singh Real Estate
Source: MLSListings Inc,MLS#: ML81969647
Facts & features
Interior
Heating
- Central Forced Air Gas
Cooling
- None
Appliances
- Laundry: Hookups Only
Features
- Flooring: Carpet, Laminate, Slate, Tile, Vinyl Linoleum
- Doors: None
Interior area
- Total structure area: 2,145
- Total interior livable area: 2,145 sqft
Property
Parking
- Total spaces: 3
- Parking features: Attached, Common
- Garage spaces: 3
- Has carport: Yes
Accessibility
- Accessibility features: None
Lot
- Size: 5,991 sqft
- Features: None
Details
- Parcel number: 001839013000
- Zoning: R
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Residential Income
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 1965
Utilities & green energy
- Gas: IndividualGasMeters
- Sewer: Public Sewer
- Utilities for property: Individual Electric Meters, Individual Gas Meters
Community & neighborhood
Location
- Region: Monterey
Other
Other facts
- Listing agreement: ExclusiveRightToSell
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$1,434,000
2% more+$28,680
With Zillow Showcase(estimated)$1,462,680