1251 1St St
Monterey, CA 93940
0.14 acres | #41076948
Description
Welcome to an exceptional investment opportunity featuring a prime commercial space, a four-unit apartment building with garage parking, and am additional, spacious parking lot. The commercial space, strategically located on a bustling street, boasts large windows that flood the interior with natural light, creating an inviting atmosphere for potential businesses. The four-unit apartment building offers modern living with well-appointed units making it an attractive option for renters. There are 3 single car garage spaces for storage or parking as well. This property will also include 1260 Del Monte Ave; a generous parking lot, convenient for both residents and customers. This multifaceted asset not only promises a steady income stream but also positions you in a vibrant community with endless potential for growth. Close to the Naval Postgraduate School, Fisherman’s Wharf, Del Monte beach, and downtown Monterey!
Property Details
- Property SubtypeResidentialIncome
- Property TypeMulti-Family
- Original List Price$2,300,000
- CountyMonterey
- MLS #41076948
- MLS #41076948
- Cost2300000
- Acres0.14
- Year Built1950
Location
Legal
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Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Loren Eva Ybarra (#CCBE-159529526)
Listing Office: Exp Realty of California Inc. (#CCBE-CCEPRC)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
