1186 3rd ST, Monterey, California
1186 3rd ST, Monterey, California 93940 - HUGE opportunity for investors with a 5.0% CAP Rate! Newly remodeled (contemporary/modern design) duplex close to the beach, Naval Post Graduate School, near wharf and Dennis the Menace Park - located in the Monterey Coastal Sunbelt neighborhood. Legal detached duplex. This property consists of a 3BD/1BA Main House and a detached 1BD/1BA guest house. This is a great opportunity to live in one unit and rent out the other or use as a vacation and or second home while still collecting rent from one of the units. Enjoy the incredible Monterey Peninsula.
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Listing Courtesy of Sean Poudrier~Coldwell Banker Residential Brokerage
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