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.
ML81955742
Single Family, Traditional, 2 Story
5
Monterey
3 Full
1944
0.0918
Acres
Public
2
Frame
2,100
Sq. Ft.
Yes
- 1
space
School Information
544
Walter Colton Middle School
Bathrooms
3
Total:3
Interior Features
- Appliances
- Cooktop, Oven, Range
- Flooring
- Hardwood, Laminate
- Heating
- Gas Heat, Electric Heating. .
Exterior / Lot Features
- Parking
- 1 Garage Spaces. 1 Parking Spaces.
- Exterior
- Frame
- Roof
- Composition
- Lot View
- Bay, Mountain
- Lot Dimensions
- 4000.00
- Zoning
- R-3-6
Financial Considerations
001-568-011-000
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