Sold

1186 Third St

1186 Third Street, Monterey, CA 93940
$860,000

Property Summary

  • 4 Beds
  • 2 Baths
  • 1,270 sf Living area
  • 0.09 acres Lot

HUGE opportunity for investors with a 5.0% CAP Rate! Newly remodeled (contemporary/modern design) duplex close to the beach, Naval Post Graduate School, near wharf and Dennis the Menace Park - located in the Monterey Coastal Sunbelt neighborhood. Legal detached duplex. This property consists of a 3BD/1BA Main House and a detached 1BD/1BA guest house. This is a great opportunity to live in one unit and rent out the other or use as a vacation and or second home while still collecting rent from one of the units. Enjoy the incredible Monterey Peninsula.

Features & Amenities

Interior

Total Bedrooms 4
Total Bathrooms 2
Full Bathrooms 2

Area & Lot

Status Sold
Living area 1,270 Sq.Ft.
Lot Size 0.09 Acres
MLS® ID ML81691280
Type: MULTI_FAMILY
Year Built 1920

Finance

SALES PRICE $860,000

Interior

Total Bedrooms 4
Total Bathrooms 2
Full Bathrooms 2

Area & Lot

Status Sold
Living area 1,270 Sq.Ft.
Lot Size 0.09 Acres
MLS® ID ML81691280
Type: MULTI_FAMILY
Year Built 1920

Finance

SALES PRICE $860,000

Listing Contact

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