Rare opportunity indeed, a large duplex in a great South Salinas location! The Los Olivos neighborhood is conveniently close to shopping, restaurants, and schools. Commuters will especially appreciate not having to fight through "in town" traffic to hit HWY 68 heading to the Monterey Peninsula, HWY 1 N&S and HWY 101 N&S. Property manager estimates market rent for each 3 bed 1.5 bath townhouse unit at $2,350-$2550 per mo, giving you a GRM of between 13.28 and 12.24! Perfect property for an owner to live in one and have a renter pay for expenses, perfect for an extended family, or perfect for straight rental income investment. Newer stucco siding and double pane windows. Lots of options for you here! Pest report shows about $7K in repairs and we have an engineers report on the floors. A complete disclosure package will be happily provided prior to offers.
Listing courtesy of Pete Deoudes from Coldwell Banker Realty
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