Eleven units in Salinas have significant potential rent upside. The two-bedroom units average $1311 monthly, and the two-bedroom market rents are estimated at $2200. The studio and one-bedroom units average $1158 monthly, and the studio / one-bedroom market rents are estimated at $1500. Potentially, there is $5,000+ per month in rental upside. There are three two-bedroom cottages, one four-plex building, and four cottages connected with covered carports. The asphalt parking lot was recently repaved. The units are separately metered for gas and electricity. The owner pays for water, sewer, and garbage. The complex is close to grocery markets, restaurants, Highway 101, and many employment centers.
MLS #
ML81957714
MLS Source
MLSListings, Inc.
Appliances
Oven Range - Gas
Flooring
Laminate, Tile, Vinyl/Linoleum
Laundry
None
Cooling
None
Heating
Gas, Wall Furnace
Roof
Composition
Foundation
Concrete Perimeter
Garage/Parking
Carport, Garage: 0 Car(s)
Elementary District
Salinas City Elementary
High School District
Salinas Union High
Zoning
R-L-5.5 Residential Low D
# Buildings | # Leased Units | # Total Units |
---|---|---|
5 | 11 | 11 |
Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
---|---|---|---|---|---|---|
1 | – | 2 | 1/0 | $1,291 | $1,461 | 4 |
2 | – | – | 1/0 | $1,126 | $1,187 | 4 |
3 | – | 1 | 1/0 | $1,052 | $1,254 | 3 |
501 Fremont St is a Residential Income in Salinas, CA 93905. This 4,248 square foot property sits on a 0.44 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at – and was built in 1950.
This address can also be written as 501 Fremont St, Salinas, CA 93905.©2024 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
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This listing information is up-to-date as of June 19, 2024. For the most current information, please contact Hap Albers, (408) 893-6002