Listing Agent: Doug Steiny Broker/Office: Sotheby's International Realty
338 Watson Street Monterey CA 93940
$ 1,525,000
5
| 3 Full 1 Half
| 1975 Sq Feet
Listing ID
#ML82018507
Status
Active
Property Type
Single Family Residence
County
Monterey
Year Built
1954
Days on website
6
Description
Ocean Views, Vintage Charm & Rental Income in Old Monterey! Experience the charm of Old Monterey with this rare triplex offering ocean views and strong income potential. Set on a spacious 6,500 sq. ft. street-to-alley lot, the property features a 1,369 sq. ft. main home with 2 bedrooms and 1 bath vacant and ready for your vision. An attached 605 sq. ft. 1-bedroom, 1-bath unit rents for $1,795/month, while a detached 934 sq. ft. 2-bedroom, 2-bath unit with ocean views earns $2,450/month. A 2-car garage and flexible layout add to the appeal, making this an ideal opportunity to live in one unit while generating steady rental income or to create a dream compound. Located near the Wharf, MIIS, downtown Monterey, beaches, and all the natural beauty of the Monterey Peninsula, this is a truly special property with endless possibilities.
Location
Financial Information
List Price:
$ 1525000
Property Features
Heating:
Central
High School District:
Other
Roof:
Other
Water Source:
Public
High School District:
Other
MLS Area Major:
699 - Not Defined
City:
Monterey
Listed By:
Doug Steiny
Sotheby's International Realty
CA Lic#
CA Lic#