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.


 

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