Bought with Will Pennycook, IV • Pennycook Properties
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Key Details
Sold Price $599,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,574 sqft
Price per Sqft $232
MLS Listing ID ML81577088
Sold Date 05/13/16
HOA Y/N No
Originating Board Datashare MLSListings
Year Built 1974
Lot Size 3.000 Acres
Property Description
Great investment opportunity! Live in 1 and rent the other 2 or purchase the home next door, 237 Walker Valley Rd. and rent all 3! Consists of 3 separate 858 sf, 2bd/1ba buildings with their own fenced in yards and driveways. Beautiful, private country setting. Currents rents are below market by $200-300 a month according to an appraiser's rental survey. At $1200 a month per unit, CAP rate would be 6.04
Location
State CA
County Monterey
Interior
Heating Electric
Cooling No Air Conditioning
Fireplace No
Exterior
View Greenbelt
Schools
School District North Monterey County Unified, North Monterey County Unified
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