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615 Terrace Street, Salinas, CA 93905

Salinas
Local realty services provided by:CENTURY 21 Synergia Realty
615 Terrace Street,Salinas, CA 93905
$725,000
  • - Beds
  • - Baths
  • 1,607 sq. ft.
  • Multi-family
  • Active
Listed by: sean griffin
Office: agency one real estate831-262-1955
MLS#:ML82039241
Source:CRMLS

Price summary

  • Price:$725,000
  • Price per sq. ft.:$451.15

About this home

Great opportunity to own a fully rented triplex in east salinas! The front unit is a mostly remodeled 2 bedroom 1 bath unit with updated flooring, kitchen cabinets and countertops. The back unit is a 2 bedroom 1 bath with tile flooring and open floor plan with a small fenced backyard. The 3rd unit is a 1 bedroom 1 bathroom with tile flooring and storage shed in backyard. Rents are low for each unit and could easily be doubled over time, subject to Salinas rental ordinance. Owner covers trash, septic and water which potentially could be costs transferred to the tenants over time as well. There is plenty of room for improvements to be made that would reflect in an increase in equity position and cashflow for this property. Close proximity to shopping, restaurants, hwy 101 and local schools. This is truly a great investment opportunity for the right buyer!

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Home facts

  • Year built:1951
  • Listing ID #:ML82039241
  • Added:91 day(s) ago
  • Updated:June 18, 2026 at 10:32 AM

Rooms and interior

  • Living area:1,607 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Roof:Composition
  • Year built:1951
  • Building area:1,607 sq. ft.
  • Lot area:0.13 Acres
  • Foundation Description:Slab

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$725,000
  • Price per sq. ft.:$451.15
  • Tax amount:$7,750

Parking

  • Total parking spaces:3
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Synergia Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Synergia Realty, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Sandy Hernandez

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