Basics
| Date added Added 1 hour ago | Category Five Or More Units | Type Residential Income | Status Active |
| Area 5853 sq ft | Lot size 5853 sq ft | Year built 1914 | Lease term Month To Month |
| Garage spaces 4 | Listing source MLSL | MLS ID ML82046180 |
Description
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Description:
Rare 11-unit rental property on a large lot in a convenient Salinas location. 1200 W Market Street offers a strong income-producing opportunity with a fantastic rent roll, steady renter pool, and close proximity to shopping, employment centers, dining, services, and commuter routes. The spacious lot provides ample storage, generous outdoor space, and flexibility for future value-add opportunities. With room for possible expansion and an ideal layout to explore additional development, this property presents meaningful upside potential for investors seeking both current income and long-term growth. A well-positioned multifamily asset in one of Salinas most accessible areas, offering scale, location, and future possibilities. Buyer to verify development potential, unit count, rents, zoning, and all property details.
Location
- County: Monterey
Building Details
- Parking spaces: 20
- New construction: No
- Heating: Electric, Other, Wall Furnace
- Roof: Composition
- Parking: Common Parking Area, Detached, Off-Street Parking
Amenities & Features
- Waterfront: No
- Garage: Yes
- Attached garage: No
- Fireplace: No
- Private pool: No
- Cooling: None