386 Towt ST
386 Towt ST
386 Towt ST
386 Towt ST
386 Towt ST
386 Towt ST
386 Towt ST
386 Towt ST
386 Towt ST
386 Towt ST
386 Towt ST
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$775,000

386 Towt ST

2,253 Sq.Ft.

Description

This triplex property in Salinas is a turn-key rental investment with long-term tenants and an upside in rental rates. Ideal location across the street from Salinas Boxing Club, Baseball and Basketball parks, and children's play area. The owner has invested capital improvements to the property and with professional management through the years. Each unit comes with its own oversized garage, laundry room, front & back yards, dual pane windows throughout, and the roof is in good condition. Salinas is located just 1 hour from Silicon Valley and 30 minutes from Carmel Valley. This Agricultural Valley is known as the Salad Bowl of the World and produces over $8 billion of vegetables and fruit crops annually. The average median income is $57,117 with household occupations in health care, social assistance, manufacturing, retail, construction, and agriculture. 386 Towt Street and 390 Towt Street are identical triplexes, share the same driveway, and are both available for sale.

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Location

386 Towt ST, SALINAS, CA 93905

Status

Sold
Robert Balina

Robert Balina

TITLE

Team Lead

Property Amenities

Interior
Appliances Refrigerator, Oven, Range, Washer
Flooring Hardwood, Laminate
Other Interior Features Hardwood, Laminate
Area & Lot
Lot Area 8,158.79 Sq.Ft.
Living area 2,253 Sq.Ft.
MLS® ID ML81903194
Year Built 1947
Type Multi-Family
Status Sold
Exterior
Stories 1
Air conditioning Ceiling Fan(s)
Heat type Central, Forced Air
Water Source Public
Garage Space 3.0
Sewer Public Sewer
Parking Detached
Lot Features Level
Roof Composition
Finance
Sales Price $775,000

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