1186 3rd ST, Monterey

$860,000

Photo of
Photo of
Bedrooms
Baths
1,270 Square Feet

$860,000

  • Status: Sold
  • Square Footage (+/-): 1,270
  • Lot Size: 4,000
  • Listed: 2/5/2018
  • Sold Date: 4/4/2018
  • Type: Duplex
  • Year Built: 1920
  • MLS: ML81691280
  • Elementary School District:
    Monterey Peninsula Unified District
  • High School District:
    Monterey Peninsula Unified District
  • Elementary School:
  • Middle School:
  • High School:
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Mortgage payment: $3,693/mo.
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About 1186 3rd ST

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.


  • Energy Features
    • Double Pane Windows
    • Low Flow Shower
    • Low Flow Toilet
  • Listing Class
    • Residential Income (2-4 units)
  • General Features
    • Additional Rooms: Office Area
    • Amenities Misc.: High Ceiling
    • Cooling: Ceiling Fan
    • Existing Lease Term(s): Other
    • Horse Property: No
    • Kitchen: Refrigerator
    • Laundry: Washer / Dryer
    • No of Stories: 1
    • Roof: Composition
    • Security Features: Security Alarm
    • Subclass: Duplex
    • Water: Public
  • Flooring
    • Carpet
    • Laminate
  • Heating
    • Forced Air
    • Gas
  • Garage Parking Features
    • Carport
    • Covered Parking
    • Off-Street Parking
    • On Street
  • Sewer Septic
    • Sewer - Public
    • Sewer Connected


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$860,000

1186 3rd ST
Monterey, CA 93940

  • Status: Sold
  • Square Footage (+/-): 1,270
  • Lot Size: 4,000
  • Listed: 2/5/2018
  • Sold Date: 4/4/2018
  • Type: Duplex
  • Year Built: 1920
  • MLS: ML81691280
  • Elementary School District:
    Monterey Peninsula Unified District
  • High School District:
    Monterey Peninsula Unified District
  • Elementary School:
  • Middle School:
  • High School:
Schedule a Showing Save as Favorite Comparables
Mortgage payment: $3,693/mo.
close
Property Value:
Down Payment:
or
%
Interest Rate:
%
Loan Duration:
months, or
years
Monthly Payment:

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Listed by Sean Poudrier, Coldwell Banker Residential Brokerage

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Updated on 12/18/2018