Skip To Content

372 Monroe Street

Monterey, CA 93940
  • $1,367,085
  • STATUS: Active
  • ON SITE: 6 Days
  • ID#: ML81870742
New On Site 6 Days Ago
UPDATED: 58 min ago
$1,367,085
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1920
County:

School Ratings & Info

Listing provided courtesy of Monterey Peninsula H of Kw Coastal Estates

Description

Attention Investors! You are going to love this classic Monterey craftsman cottage that has three rental units. Located on Spaghetti Hill, just above downtown Monterey, this cottage exudes charm and has great curb appeal. The front unit has 2 bedrooms, one bath, a living room with a fireplace, a dining room, and a spacious kitchen. It features high ceilings, plaster walls, and detailed wood finishes on the walls, door frames and windows. It even has a peek of the bay! The attached second unit is a 1 bedroom, 1 bath with an open kitchen/living room. The 3rd unit is detached and has 1 bed, 1 bath, a spacious living area and modest kitchen. The property includes a 1500+ sf basement with an additional bath plus an oversized 1 car garage. It is near Del Monte Beach, Cannery Row, the DLI and MIIS. Move it to your short list!

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-11-26T18:26:17.017. 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 Marelly Group | Sentry Residential. Licensed in the State of California, USA.
www.themarellygroup.com/homes/123434651
Print Image

372 Monroe Street Monterey, CA 93940

  • Price: $1,367,085
  • Status: Active
  • On Site: 6 Days
  • Updated: 58 min ago
  • ID#: ML81870742
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1920
Built
Neighborhood:
699 - Not Defined
County:
Monterey
Area:
699 - Not Defined
Property Description
Attention Investors! You are going to love this classic Monterey craftsman cottage that has three rental units. Located on Spaghetti Hill, just above downtown Monterey, this cottage exudes charm and has great curb appeal. The front unit has 2 bedrooms, one bath, a living room with a fireplace, a dining room, and a spacious kitchen. It features high ceilings, plaster walls, and detailed wood finishes on the walls, door frames and windows. It even has a peek of the bay! The attached second unit is a 1 bedroom, 1 bath with an open kitchen/living room. The 3rd unit is detached and has 1 bed, 1 bath, a spacious living area and modest kitchen. The property includes a 1500+ sf basement with an additional bath plus an oversized 1 car garage. It is near Del Monte Beach, Cannery Row, the DLI and MIIS. Move it to your short list!
Exterior Features

Architectural Style TraditionalVictorianPatio Home Carport Spaces 0 Carport YN Yes Foundation Details Concrete Perimeter Lot Features Back Yard Parking Features Detached Carport Parking Total 1 Roof CompositionRolled/Hot Mop View BayCity LightsMountain(S) View YN Yes

Interior Features

Accessibility Features None Appliances DishwasherElectric RangeGas RangeRefrigerator Cooling NoneAttic Fan Cooling YN No Heating Energy Star Qualified EquipmentHumidity ControlHigh EfficiencyKeroseneSee RemarksWall Furnace Heating YN Yes Interior Features Beamed CeilingsHigh Ceilings

Property Features

Cap Rate 1.92 Garage YN Yes Gross Scheduled Income 38100 Insurance Expense 2096 Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Maintenance Expense 562 Special Listing Conditions Standard Trash Expense 0 Zoning R1-R3



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-11-26T18:26:17.017. 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 Marelly Group | Sentry Residential. Licensed in the State of California, USA.
 
Logo
The Marelly Group | Sentry Residential
5256 South Mission Rd, Suite 1006
Bonsall CA, 92003
Listing provided courtesy of Monterey Peninsula H of Kw Coastal Estates