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390 Towt ST Salinas, CA 93905
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Key Details
Sold Price $765,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,253 sqft
Price per Sqft $339
MLS Listing ID ML81903217
Sold Date 10/21/22
HOA Y/N No
Year Built 1947
Annual Tax Amount $6,950
Lot Size 8,224 Sqft
Property Sub-Type Triplex
Property 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, a 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.
Location
State CA
County Monterey
Area 699 - Not Defined
Zoning R3
Interior
Heating Central
Flooring Carpet, Laminate, Wood
Fireplace No
Appliance Disposal, Refrigerator, Vented Exhaust Fan
Exterior
Parking Features Uncovered
Garage Spaces 3.0
Garage Description 3.0
View Y/N Yes
View Park/Greenbelt
Roof Type Composition
Accessibility None
Total Parking Spaces 2
Building
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Traditional
Schools
School District Other
Others
Tax ID 004254014000
Financing Cash
Special Listing Condition Standard
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