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543 Monroe St, Monterey, CA 93940

$1,220,000

  • Sold
  • Closed
  • Multi-Family
543 Monroe St, Monterey, CA 93940View this property at 543 Monroe St, Monterey, CA 93940
543 Monroe StMontereyCA93940

Map & Location

Street View

Property Description

Old Monterey Triplex consisting of a 1,256 sq. ft. two bedroom / 1.5 bath home and a duplex with two 773 sq. ft. 2 bedroom / one bathroom units. The property is ideal for an owner occupant or a second home with rental income. The apartment rents are $1500/month for each unit. Market rents are $2000+ per unit. Potential gross income: $82,800. The property is located close to MIIS, DLI, and downtown Monterey. The house was remodeled several years ago and has large kitchen with dining area, granite counters, high end appliances, white washed cabinets and floors, skylights, and a washer dryer hookups. The bathrooms have marble tile and glass shower doors. The house also features a 440 sq. ft. sundeck with ocean views. The units have a
dishwasher, masonry fireplace and gas heat. The upper unit has a 264 sq. ft. deck with ocean views. The downstairs unit has a fenced patio. All units have covered carports. The units are separately metered for gas & electric. Owner pays garbage and sewer.

Full Property Detailsfor 543 Monroe St

General

  • Sold For: $1,220,000
  • Status: Closed
  • Type: Multi-Family
  • MLS ID: 81639489
  • Added: 484 day(s) ago

Interior

  • Interior Features: High Ceiling , Skylight
  • Flooring: Carpet, Hardwood, Tile, Vinyl / Linoleum

Rooms

Other Rooms

  • Kitchen: Gas Cooktop, Formica Countertop, Granite Countertop, Dishwasher, Exhaust Fan, Hood over Range, Microwave, Double Oven, Electric Oven/Range, Refrigerator
  • Laundry: Washer / Dryer, Washer/Dryer in Some Units

Additional Information

  • Extras: Not Applicable
  • Security/Safety: None

Parking

  • Parking Features: Carport , Guest/Visitor Parking, Off-Street Parking, On Street

Location

  • Area: Old Town Monterey
  • County: Monterey
  • Cross Streets: Madison

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Central Air Conditioning (Gas/Forced Air), Gas, Wall Furnace

Utilities

  • Sewer: Public Sewer
  • Water: Water on Site
  • Telecomm.: Cable TV
  • Utility Description: Individual Electric Meters, Individual Gas Meters, Natural Gas
  • Metering: Separate Electric, Separate Gas, Separate Water

Structural Information

  • Construction: Wood Frame
  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Disability Access: Wheelchair Access
  • Square Feet: 2,802
  • Year Built: 1915

Unit Information

Unit 1

  • Square Feet: 1256
  • Bedrooms: 2

Unit 2

  • Square Feet: 773
  • Bedrooms: 2

Unit 3

  • Square Feet: 773
  • Bedrooms: 2

Lot Features

  • Property View: Bay, City Lights, Hills, Ocean
  • Lot Size (Acres): 0.129
  • Minimum Lot Size: 5612
  • Lot Size (Sq. Ft.): 5,612
  • Building Sites: 2
  • Grounds/Landscape: Back Yard, Balcony / Patio, BBQ Area, Deck , Low Maintenance
  • Zoning: R-3-6
  • Lot Description: Grade Slopes Down

Listed by Albers Real Estate Investment Company, Hap Albers
Sold by S0814, Marielena Carriglio

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Your Property Information

Your Contact Information

Schools

Schoolsserving 543 Monroe St

School District:Monterey Peninsula Unified School District
School Name
Grades
Distance
Monte Vista Elementary School, Monterey, CA
251 Soledad Drive, Monterey, CA 93940
K-5
0.7 mi
Walter Colton Middle School
100 Toda Vista, Monterey, CA 93940
6-8
0.8 mi
Monterey High School
101 Herrmann Drive, Monterey, CA 93940
9-12
0.2 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History

Price & Sales Historyfor 543 Monroe St

Date
Details
Price
Change
Source
3/23/2018
Sold
$1,220,000
-10.23%
MLS
6/15/2017
Price Reduced
$1,359,000
-2.58%
MLS
2/20/2017
Listed
$1,395,000
MLS
Disclaimer: Historical sales and tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Community Info

Community Infofor 543 Monroe St

Listed by Albers Real Estate Investment Company, Hap Albers
Sold by S0814, Marielena Carriglio

543 Monroe St, Monterey, CA 93940 (MLS# 81639489) is a Multi-Family property that was sold at $1,220,000 on March 23, 2018. Want to learn more about 543 Monroe St? Do you have questions about finding other Multi-Family real estate for sale in Monterey? You can browse all Monterey real estate or contact a Coldwell Banker agent to request more information.