1140 East Market Street
Description
- Listed by Hap Albers • DRE #01006595 • Brokerage DRE #01006595 • Albers Real Estate Investment Company • 831-372-1922
Property Details for 1140 East Market Street
Property Details for 1140 East Market Street
| Status | Active |
|---|---|
| MLS # | ML81971469 |
| Days on Compass | 71 |
| Taxes | $10,000 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | RESIDENTIAL INCOME / DUPLEX |
| Year Built | 1940 |
| Lot Size | 0.16 AC / 7,000 SF |
| County | Monterey County |
Building Information for 1140 East Market Street
Property Information for 1140 East Market Street
- Additional Rooms: Storage, Other
- Kitchen: Countertop - Stone, Exhaust Fan, Hood Over Range, Oven Range - Gas, Refrigerator
- Fireplace: No
- Flooring: Tile, Vinyl / Linoleum
- Laundry: Hookups Only
- Living SqFt: 1440
- Pool: No
- Security Features: None
- Special Features: None
- Cooling: None
- Heating: Forced Air, Gas, Wall Furnace
- Meters: Master Water, Separate Electric, Separate Gas
- Sewer Septic: Sewer Connected
- Utilities: Individual Electric Meters, Individual Gas Meters
- Water: Individual Water Meter
- Carport Min: 0
- Garage and Parking: Detached Garage, Off-Street Parking, On Street
- HOA Exists: 0
- HOA Fee: $0
- Area Text: ES-68
- Roof: Composition
- Subclass: Duplex
- Year Built Source: Assessor
- Street Number: 1140
- Street Name: Market
- Street Direction Prefix: East
- Street Suffix: Street
- Area ID: 68
- Number Of Stories: 1
- Number of Buildings: 2
- Structure SqFt: 1440
- Structure SqFt Source: Other
- Age: 84
- Zoning Detail: R-L-5.5
- City Limits: Yes
- Incorporated: Yes
- Parcel Number: 004-163-014-000
- County Name: Monterey
- City Name: SALINAS
- City Postal ID: 5389
- Postal Code: 93905
- Elementary School District: 430
- High School District Text: Salinas Union High
- Foundation: Concrete Perimeter
- Horse Property: No
- Lot Acres: .16
- Lot Description: Grade - Level
- Lot Size Area Maximum Units: Square Feet
- Lot Size Area Minimum Units: Square Feet
- Lot Size Source: Assessor
- Yard Grounds: Back Yard, Courtyard, Fenced, Low Maintenance, Storage Shed / Structure
- No Of Leased: 1
- Annual Tax Amount: $10,000
- Building Unit Total: 2
- Capitalization Rate: 4.80
- Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas
- Income Includes: Rents
- Vacancy Factor: 3
- Expense Insurance: $1,600
- Expense Landscape: $1,200
- Expense Maintenance: $2,000
- Expense Management: $0
- Expense Trash: $0
- Expenses Other: $0
- Expenses Utility: $2,600
- Expenses Total: $17,400
- Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Services - Gardener, Services - Sewer
- Gross Rent Multiplier: 14.41
- Income Annual Gross: $60,528
- Income Annual Rental: $62,400
- Income Gross Scheduled: $62,400
- Income Other: $0
- Unit 1 Full Bathrooms: 1
- Unit 1 Number of Bedrooms: 2
- Unit 1 Rent: $2,200
- Unit 2 Approx Square Footage: 498
- Unit 2 Full Bathrooms: 1
- Unit 2 Number of Bedrooms: 1
- Unit 2 Rent: $2,000
- Unit 3 Approx Square Footage: 800
- Unit 3 Rent: $1,000
- Unit Type1 Approx SqFt: 942
Property History for 1140 East Market Street
| Date | Event & Source | Price | Appreciation |
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| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1140 East Market Street
Schools near 1140 East Market Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 7 to 12 |
Rating | School | Distance |
|---|---|---|
Fremont Elementary School PublicK to 6 | ||
El Sausal Middle School Public7 to 8 | ||
Alisal High School Public9 to 12 | ||
El Puente Public7 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.
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Listing Courtesy of Albers Real Estate Investment Company, Hap Albers, DRE #01006595
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.