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277 Van Buren Street

Monterey, CA 93940
  • $1,425,000
  • STATUS: Active
  • ON SITE: 47 Days
  • ID#: ML81955742
$1,425,000
  • 5
    BEDS
  • 0.09
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,100
    SQFT
  • $679
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1944
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing Agent(s): Hap Albers of Albers Real Estate Investment Company (831-372-1922)


Description

Monterey triplex near the Pacific Ocean, downtown Monterey, Fisherman's Wharf, Cannery Row, and the Middlebury Institute of International Studies (MIIS). Top floor unit is perfect for an owners unit or second home. This unit has two bedrooms / one bathroom and ocean views. There are two rooms accessed from the kitchen - the first room can function as a third bedroom, home office, storage, exercise room, or other uses. Off kitchen rooms potential can be combined into a third bedroom with ocean views. The second room has a window with an wide ocean view, Del Monte Beach white water surf, and can be used as a home office or other uses. The bottom two units are both one bedroom / one bathroom units with potential $4,000+ monthly rent. This $4000 rent, at 8% interest, can pay for $500,000 of an amortized loan payment.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-04T00:30:31.55. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.
www.bobkellyteam.com/homes/148120396
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277 Van Buren Street Monterey, CA 93940

  • Price: $1,425,000
  • Status: Active
  • On Site: 47 Days
  • ID#: ML81955742
5
Beds
3
Baths
0
½ Baths
0.09
Acres
2,100
SQFT
$679
$/SQFT
1944
Built
Neighborhood:
699 - Not Defined
County:
Monterey
Area:
699 - Not Defined
Elementary School:
Monte Vista
Middle School:
Other
High School:
Monterey
School District:
Other
Property Description
Monterey triplex near the Pacific Ocean, downtown Monterey, Fisherman's Wharf, Cannery Row, and the Middlebury Institute of International Studies (MIIS). Top floor unit is perfect for an owners unit or second home. This unit has two bedrooms / one bathroom and ocean views. There are two rooms accessed from the kitchen - the first room can function as a third bedroom, home office, storage, exercise room, or other uses. Off kitchen rooms potential can be combined into a third bedroom with ocean views. The second room has a window with an wide ocean view, Del Monte Beach white water surf, and can be used as a home office or other uses. The bottom two units are both one bedroom / one bathroom units with potential $4,000+ monthly rent. This $4000 rent, at 8% interest, can pay for $500,000 of an amortized loan payment.
Exterior Features

Architectural Style Traditional Attached Garage YN No Carport Spaces 0 Foundation Details Concrete Perimeter Parking Total 1 Property Attached YN No Roof Composition View BayMountain(s)Neighborhood View YN Yes

Interior Features

Accessibility Features None Appliances Gas Cooktop Common Walls No Common Walls Cooling None Cooling YN Yes Fireplace YN No Flooring CarpetLaminateWood Heating Electric Heating YN Yes

Property Features

Association YN No Garage YN Yes Listing Agreement Exclusive Right To Sell Listing Service Full Service New Construction YN No Possession Close Of Escrow Property Sub Type Single Family Residence Special Listing Conditions Standard Water Source Public Zoning R-3-6



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-04T00:30:31.55. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.
 
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The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties
8898 La Mesa Blvd.
La Mesa CA, 92042
Listing Agent(s): Hap Albers of Albers Real Estate Investment Company (831-372-1922)