786 Spencer ST, Monterey, CA 93940

$1,997,614
4,498
SqFt
Sold Price
$1,997,614
List Price
$2,100,000

Property Description

Here is your chance to own a very unique 5-unit investment property in New Monterey close to Cannery Row, Pacific Grove and the waterfront with views of Monterey Bay. Live in the single-family home located at 786 Spencer St and rent out the 4-unit apartment behind it at 675 Irving Ave. The main house is a 2-bedroom, 1 bath with a den that could be a 3rd bedroom. It has tons of storage in the basement and its own garage. The 4-unit apartment complex consists of two 1 bedroom, 1.5 bath townhouse style apartments and two 1 bedroom, 1 bath single level apartments, each with a carport. There are views of the water from several of the units and one unit has been nicely updated to include wood floors, a fireplace, granite countertops and has nice high vaulted ceilings. Lots of options for the new owner.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of KW Coastal Estates, Monterey Peninsula Home Team. Selling Office: KWCE.

board logo

Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than Real Estate Company are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Copyright 2024 MLSListings. All rights reserved. This data is updated daily. Last updated