MLS® ID: ML81753955

156 Archer ST

SALINAS, California, 93901

$3,700,000 Contingent
  • 13832 SQFT
Very well maintained 18 unit apartment building in downtown Salinas. The property consists of 8 - 2 Bedroom units and 10 - 1 bedroom units. Within the past 3 years the units have new roofs, new exterior paint, new stairwells and a new driveway. Interiors of units have been updated over time with most being in fair condition. There is an on-site laundry facility and 18 carport spaces with 7 additional open spaces for guests. 10 of the units have private patio areas on the first floor. There is a solid rental demand for this neighborhood and a good upside with rents and a positive cash flow. Walking distance to downtown restaurants, movie theater and shopping and 1 block from 1 private and 1 public elementary school.
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Listing courtesy of Agency One Real Estate

Amenities

  • Zip
    93901
  • Office name
    Agency One Real Estate
  • SQFT
    13832
  • Property type
    Five or More Units
  • Zoning type
    MDR
  • Year built
    1972
  • Lot size
    0.5640
  • Sewer
    Sewer Connected
  • Heating
    Wall Furnace
  • Agent name
    Sean Griffin
  • Purchase Type
    Active
  • Price Range
    $2m+
  • Square Feet Range
    7000+ sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    AGENC
  • Agent ID
    180011984

Location

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