217-221 W Curtis:
SOLD September 2023
223-227 W Curtis:
SOLD August 2023
Please make offers subject to inspection.
Investment Overview
219-227 W Curtis Street is a fantastic investment opportunity with strong in-place income AND significant upside in rent potential. The triplexes could also serve as an “owner-user” investment so the buyer can live in one unit and rent out the others to offset their mortgage expense. The houses in the front have 2 bedrooms and 1 bathroom with a private backyard and in-unit laundry hookups. Both units in the rear duplexes have 2 bedrooms and 1.5 bathrooms, with private backyards and in-unit laundry hookups. Each unit has a dedicated parking space under the carport. Tenants pay for gas and electricity, and garbage, while ownership pays for water and sewer. Located in a quiet neighborhood in central Salinas, the property is just minutes away from shopping, public transportation, schools, and parks.
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Property Highlights
ADU Conversion Potential
Tremendous Upside Potential in Income
Sizable Unit-Mix
Residential Financing
Separate Parcels
Recent Upgrades:
Paint
Dry-Rot Repairs
Interior Renovation (225 Curtis)
Siding Replacement
Principal, Broker
Joe Budka
D: 831-275-0025
E: joe@redwoodpropertyco.com
DRE#01913402; DRE#02166543
Managing Director
Nick Oliver
D: 831-275-0025
E: nick@redwoodpropertyco.com
DRE#02133612
Principal
Alex Budka
D: 831-275-0025
E: alex@redwoodpropertyco.com
DRE#01913403