673 Mermaid Avenue

    Pacific Grove, CA 93950
    • $1,699,000
    • STATUS: Pending
    • ON SITE: 55 days
    • ID#: ML81780957
    Pending
    UPDATED: 27 min ago
    $1,699,000
    • 0
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,595
      SQFT
    • $1,065
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1945
    County:

    School Ratings & Info

    Description

    Extensively remodeled triplex with newer roof, remodeled laundry facility, freshly painted inside and out.++G++G+- Stylish apartments; one two bedrooms/one bath and two apartments with one bedroom/one bath. Upper units have ocean views! Remodeled units have gorgeous kitchens, bathrooms, granite, SS appliances, sophisticated stone/tile/wood, instant hot H20 heaters, dishwashers.++G++G+- Newer improvements include: plumbing, sewer lateral, electrical, flooring, heating systems. Each unit is different from the other: some have plastered walls or ceiling fans or vaulted ceilings or a fireplace!++G++G+- Location! Location! Location!++G++G+- Just steps to the coastal trail towards Pebble Beach, Cannery Row or the famous neighboring Lovers Point Beach with surfing, swimming, biking and dining. This is a prime coastal location. Act now to own a piece of Pacific Grove and enjoy the delightful shopping, dining and outdoor lifestyle this property offers! A Turnkey Rental opportunity or a family 3 unit vacation retreat!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-03-28T12:27:11.487. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.

    www.bestlahomefinder.com/homes/102845241

    673 Mermaid Avenue Pacific Grove, CA 93950

    • Price: $1,699,000
    • Status: Pending
    • Updated: 27 min ago
    • ID#: ML81780957
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    1,595
    SQFT
    $1,065
    $/SQFT
    1945
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Monterey
    Area:
    699 - Not Defined
    Property Description
    Extensively remodeled triplex with newer roof, remodeled laundry facility, freshly painted inside and out.++G++G+- Stylish apartments; one two bedrooms/one bath and two apartments with one bedroom/one bath. Upper units have ocean views! Remodeled units have gorgeous kitchens, bathrooms, granite, SS appliances, sophisticated stone/tile/wood, instant hot H20 heaters, dishwashers.++G++G+- Newer improvements include: plumbing, sewer lateral, electrical, flooring, heating systems. Each unit is different from the other: some have plastered walls or ceiling fans or vaulted ceilings or a fireplace!++G++G+- Location! Location! Location!++G++G+- Just steps to the coastal trail towards Pebble Beach, Cannery Row or the famous neighboring Lovers Point Beach with surfing, swimming, biking and dining. This is a prime coastal location. Act now to own a piece of Pacific Grove and enjoy the delightful shopping, dining and outdoor lifestyle this property offers! A Turnkey Rental opportunity or a family 3 unit vacation retreat!
    Exterior Features

    Architectural Style Traditional Carport Spaces 2.00 Construction Materials Fiber CementIcfs (Insulated Concrete Forms)Hardiplank TypeDrywall WallsDucts Professionally Air-SealedAluminum SidingNes Insulation PkgTva Insulation PkgVertical SidingOtherGlassStuccoMasoniteFiberglass SidingSpray Foam InsulationFlagstonePlasterCellulose InsulationVinyl SidingHardboardSee RemarksClapboardAsbestosCement SidingRedwood SidingAlcanBlown-In InsulationSlump BlockRadiant Barrier Foundation Details Slab Garage Spaces 0.00 Lot Size Source Assessor Lot Size Units Square Feet Parking Features CarportAttached CarportParking Space Parking Total 2.00 Parking YN Yes Roof Asbestos ShingleShingle View Ocean View YN Yes

    Interior Features

    Appliances Propane OvenRangeGas CookingDisposalTankless Water HeaterMicrowavePropane RangeRefrigeratorHigh Efficiency Water HeaterFree-Standing RangeDishwasherRange HoodWater SoftenerOven Appliances YN Yes Flooring LaminateWood Heating Central Heating YN Yes Interior Features Intercom Room Type RetreatSound Studio Window Features Bay Window(S)

    Property Features

    Accessibility Features None Cap Rate -0.57 Gross Multiplier 47.75 Gross Scheduled Income 35581.00 Insurance Expense 0.00 Maintenance Expense 3258.00 Professional Management Expense 5123.00 Special Listing Conditions Standard Trash Expense 0.00 Zoning R3

    Listing provided courtesy of Mary Carver of Coldwell Banker Realty and Paula Joy Macnab of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-03-28T12:27:11.487. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.

     
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