543 Monroe Street

  • Monterey

  • $1,359,000

Residential Income Details

Old Monterey Triplex consisting of a 1,256 sq. ft. two bedroom / 1.5 bath home and a duplex with two 773 sq. ft. 2 bedroom / one bathroom units. The property is ideal for an owner occupant or a second home with rental income. The apartment rents are $1500/month for each unit. Market rents are $2000+ per unit. Potential gross income: $82,800. The property is located close to MIIS, DLI, and downtown Monterey. The house was remodeled several years ago and has large kitchen with dining area, granite counters, high end appliances, white washed cabinets and floors, skylights, and a washer dryer hookups. The bathrooms have marble tile and glass shower doors. The house also features a 440 sq. ft. sundeck with ocean views. The units have a dishwasher, masonry fireplace and gas heat. The upper unit has a 264 sq. ft. deck with ocean views. The downstairs unit has a fenced patio. All units have covered carports. The units are separately metered for gas & electric. Owner pays garbage and sewer.
MLS #ML81639489
Number of Units3
Sale TypeStandard
Listing BrokerageAlbers Real Estate Investment
Listing AgentHap Albers
Listing Agent BRE #01006595
FeaturesHigh Ceilings (9 Feet+)
AppliancesElectric Range,Double Oven,Vented Exhaust Fan,Range/Stove Hood,Recirculated Exhaust Fan,Gas Cooking,Microwave,Dishwasher,Refrigerator
HeatingWall Heater,Natural Gas
ParkingCarport,Carport Attached,Off Street,Street,Guest
Garage Spaces0
ViewBluff,Ocean,City Lights,Coastline,Hills,Bay,Back Bay
Area699 - Not Defined
Address543 Monroe Street


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Based on information from California Regional Multiple Listing Service, Inc. as of Friday, January 19, 2018. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.