420 Front Street, Salinas, CA

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420 Front Street, Salinas, CA

For Sale

$ Click for current price
2924 SQUARE FEET

Great location, great potential. 5 Units – Unit 1 1 Bedroom / 1 Bath , Unit 2 1 bedroom / 1 Bath , Unit 3 1 bedroom / 1 Bath , Unit 4 2 bedroom / 1 Bath , Unit 5 2 bedroom / 1 Bath , Buyer to verify all measurements and zoning.  Needs some TLC so it’s priced to sell!!

 

RENTS:

Unit # SqFT Beds Baths (F/P) Rent
1   1 1 $725
2   2 1 $725
3   1 1 $725
4   2 1 $850

 

Expense (Yearly) Income (Yearly)   Other Financial Information
R.E. Taxes: $4,291 Rental: $46,800 Data Source: Estimated
Insurance: $1,501 Vacancy Allowance %: 0% Est GRM: 13.3500
Landscape: $0 Other: $0 Est Cap Rate: 5.5400
Maintenance: $2,134 Other Include: Rents    
Management: $0 Income Gross Schedule: 46,800    
Other: $3,520 Income Annual Gross: $46,800    
Trash: $0 Est Net Income: $34,634    
Utilities: $720        
Total: $12,166