501 FREMONT ST
SALINAS, CA 93905
$1,949,000
N/A Beds
0 Baths
4,248 Sq Ft
Status Active Under Contract
MLS# ML81957714
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.
Details for 501 FREMONT ST
Built in 1950
$459 / Sq Ft
5 parking spaces
None
Gas, Wall Furnace
74 Days on website
0.4408 acres lot
Area Information for 501 FREMONT ST
