112 North Main Street

Salinas, CA 93901

$2,000,000
Price
Beds
6,550 Sq. Ft.
$305 / Sq. Ft.
6,550
Sq. Ft.
$305
per Sq. Ft.

Description

11 units - 1500 SF commercial space currently unrented. Lots of possibilities here. Mixed use. 4 studio units - couple of 3 BR units - one 6 BR unit. Several 1 BR units. 2 car garage.11 units - 1500 SF commercial space currently unrented. Lots of possibilities here. Mixed use. 4 studio units - couple of 3 BR units - one 6 BR unit. Several 1 BR units. 2 car garage.
  1. Listed by Donna Ingraham • DRE #00498014 • Brokerage DRE #01304982 • Century 21 A Property Shoppe • 831-320-2879

Property Details for 112 North Main Street

MLS City Name
SALINAS
Building Type
Other
Style
Vintage
Garage Spaces
2
Parking Spaces
0
Cross Street
Lake

Location

Listing Courtesy of Century 21 A Property Shoppe, Donna Ingraham, DRE #00498014
Add your commute
LISTING UPDATED: 02/28/2024 03:45 PM

Property Details for 112 North Main Street

StatusActive
MLS #ML81955736
Days on Compass60
Taxes$9,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1930
Lot Size0.22 AC / 9,774 SF
CountyMonterey County

Location

Listing Courtesy of Century 21 A Property Shoppe, Donna Ingraham, DRE #00498014
Add your commute

Building Information for 112 North Main Street

Stories-Residences-Year Built1930Building Size-Lot Size0.22 AC / 9,774 SF

Payment Calculator

$11,665 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,915

Property Taxes

$750

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 112 North Main Street

Features
Room Information
  • Additional Rooms: Storage
  • Kitchen: Countertop - Formica, Oven - Gas
Features
  • Fireplace: No
  • Flooring: Laminate, Tile
  • Laundry: Hookups Only
  • Living SqFt: 6550
  • Pool: No
  • Security Features: Other
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Electric, Gas
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Off-Street Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 11
  • Area Text: SS
  • Restrictions: None
  • Roof: Composition, Other
  • Subclass: Five or More Units
  • Year Built Source: Other
  • Street Number: 112
  • Street Name: Main
  • Street Direction Prefix: North
  • Street Suffix: Street
  • Area ID: 72
Lot / Property Details
Building Information
  • Number of Buildings: 5
  • Structure SqFt: 6550
  • Structure SqFt Source: Other
  • Age: 94
Development Information
  • Zoning Detail: Mixed
Location Information
  • City Limits: Yes
  • Parcel Number: 003-145-001-000
  • County Name: Monterey
  • City Name: SALINAS
  • City Postal ID: 5389
  • Postal Code: 93901
  • Elementary School District: 441
  • High School District Text: Salinas Union High
Lot Information
  • Foundation: Concrete Perimeter and Slab
  • Lot Acres: .22
  • Lot Description: Grade - Mostly Level
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Mobile / Manufactured Information
Other Information
  • Dual Variable: No
Multi Family Information
Building Information
  • No Of Leased: 10
General Information
  • Annual Tax Amount: $9,000
  • Capitalization Rate: 6.34
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Water
  • Income Includes: Rents
  • Vacancy Factor: 10
Income / Expense Details
  • Expense Insurance: $7,000
  • Expense Landscape: $840
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $16,840
  • Operating Expenses Include: Insurance, Other
  • Gross Rent Multiplier: 12.53
  • Income Annual Gross: $143,640
  • Income Annual Rental: $159,600
  • Income Gross Scheduled: $159,600
  • Income Other: $0

Property History for 112 North Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 112 North Main Street

Taxable ValueLand$278,879Additions$390,429Total$669,308
Tax Record2023$11,236 ($936 / month)
Home Facts
Total Finished SqFt5,880 SqFtAbove Grade Finished SqFt5,880 SqFtStories2Lot Size9,774 SqFtStyleOffice BuildingYear Built1958CountyMONTEREYAPN003-145-001-000

Schools near 112 North Main Street

This home is within Salinas Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Los Padres Elementary School
PublicK to 6

Sherwood Elementary School
PublicK to 6

Washington Middle School
Public7 to 8

Salinas High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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112 North Main Street is a multi-family home for sale in Salinas, CA 93901. This property was listed for sale on February 28, 2024 by Century 21 A Property Shoppe, it's currently listed at $2,000,000. It has been on the market for a total of 60 days and was last sold on December 9, 2016. This listing's school districts are Salinas Union High School District, Salinas City Elementary School District. Nearby schools include Los Padres Elementary School, Sherwood Elementary School and Washington Middle School. 112 North Main Street is a 0-bed, 0-bath, 6,550 sqft multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 A Property Shoppe, Donna Ingraham, DRE #00498014

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.