This six-unit complex is in excellent condition. The units are all two-bedroom / one-bathroom apartments with private front or back yards. The current rent average is $1,691. Market rents are estimated at $2,300. The rents were increased in the fall of 2023. Three units have an attached garage with washer and dryer hookups. The complex features six two-bedroom / one-bathroom units. Four units are separately metered for water and the tenants are responsible for the payment. Two units share the same water meter - the owner pays water for this meter. The tenants pay their own PG&E, including hot water. There is very little exterior landscaping. The exteriors are stucco and wood, and the roofs are estimated at 15 years old.
ML81956670
Business Opportunities, Other
Monterey
1961
0.3558
Acres
4,256
Sq. Ft.
Yes
-2
spaces
Natural Gas Available
3 Total
School Information
Other
Interior Features
- Cooling
- None
- Heating
- Other. Wall Furnace.
Exterior / Lot Features
- Parking
- 2 Carport Spaces. 4 Parking Spaces. 0 Covered Parking Spaces.
- Roof
- Composition
- Zoning
- Residenatial High Density
- Additional Exterior/Lot Features
- Level.
Financial Considerations
004541044000
$21,840
Arrows indicate 90 day trend
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