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C$ 1,995,000

Est. payment | -/mo

8 Beds

6 Baths

3,375 SqFt

Save

C$ 1,995,000

Est. payment | -/mo

Save

8 Beds

6 Baths

3,375 SqFt

Open House

Wed Apr 22, 2:00pm - 3:00pm

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,375 sqft

Price per Sqft C$591

Lot Size 7,078 Sqft

MLS Listing ID ML82041454

Bedrooms 8

Full Baths 5

Half Baths 2

Property Description

Exceptional investment opportunity at $13,025/month in rent, this well-maintained fourplex delivers income performance comparable to a commercial asset while benefiting from the flexibility of residential financing and streamlined management. The property features two spacious 3-bedroom, 1.5-bath units, one unit currently configured as a 1-bedroom with approved plans to convert to a 2-bedroom, 2-bath (offering excellent value-add potential), and an additional 1-bedroom, 1-bath unit. Notably, two of the units were newly constructed in 2025, providing modern finishes and minimizing near-term maintenance needs. Each unit is equipped with in-unit laundry, enhancing tenant appeal and supporting strong retention. Recent capital improvements include a new electrical panel, upgraded main service, new water main, and a newly completed driveway with six off-street parking spaces.

Location

State CA

County Monterey

Area Lower Broadway

Zoning RMD

Interior

Heating Other

Cooling None

1-purchase type For Sale

Exterior

Garage Uncovered Parking

Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities

Roof Type Composition

Building

Story 1

Foundation Concrete Perimeter and Slab

Sewer Sewer - Public

Water Public

Story 1

Others

Tax ID 012-361-024-000

Security Features None

Horse Property No

Special Sale Not Applicable

Listed by Audrey Wardwell of 36 North Properties
Bought with Audrey Wardwell of 36 North Properties

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557 SE Washington Ave, Minneapolis, MN, 55455, USA

987 Harcourt AVE Seaside, CA 93955

Open House

Key Details

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Interior

Exterior

Building

Others

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987 Harcourt AVE