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277 VAN BUREN ST, MONTEREY, CA 93940

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277 Van Buren ST
Monterey, CA 93940

$1,395,000

Beds: 5
Baths: 3
Sq. Ft.: 2,100
Type: House
Listed by Hap Albers, Albers Real Estate Investment Company 831-372-1922
Listing #ML81955742
Monterey triplex near the Pacific Ocean, downtown Monterey, Fisherman's Wharf, Cannery Row, and the Middlebury Institute of International Studies (MIIS). Top floor unit is perfect for an owners unit or second home. This unit has two bedrooms / one bathroom and ocean views. There are two rooms accessed from the kitchen - the first room can function as a third bedroom, home office, storage, exercise room, or other uses. Off kitchen rooms potential can be combined into a third bedroom with ocean views. The second room has a window with an wide ocean view, Del Monte Beach white water surf, and can be used as a home office or other uses. The bottom two units are both one bedroom / one bathroom units with potential $4,000+ monthly rent. This $4000 rent, at 8% interest, can pay for $500,000 of an amortized loan payment. There may be enough water credits to construct an ADU on the site.
Property Features
Location Information
County: Monterey
Neighborhood: Old Town Monterey
MLS Area: 112
Cross Street: Scott Street
Interior Features
Dining Room Description: Dining Area
Has Family Room: Yes
Family Room Description: Kitchen / Family Room Combo
Kitchen Description: Countertop - Formica, Cooktop - Gas, Oven Range - Built-In, Gas
Has Fireplace: No
Heating: Gas, Electric
Cooling: None
Floors: Laminate, Carpet, Hardwood
Laundry: Inside
Disabled Features: None
Exterior Features
Style: Traditional
Stories: 2
Construction: Wood , Wood Frame
Foundation: Concrete Perimeter
Roof: Composition
Septic or Sewer: Sewer Connected
Water: Public
Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
Parking Description: Tandem Parking
Garage Spaces: 1
Yard: Fenced, Balcony / Patio, BBQ Area
Fencing: Fenced
Has a Pool: No
Is a Horse Property: No
Lot Description: Grade - Mostly Level
Lot Size in Acres: 0.092
Lot Size in Sq. Ft.: 4,000
Zoning: R-3-6
Energy Features: None
Has View: Yes
View Description: Bay, Mountains, Neighborhood
Additional Information
Property Type: SFR
Property SubType: Detached Single Family
Year Built: 1944
APN: 001-568-011-000


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
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Interest Rate
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than Boggs Team Realtors are marked with the IDX icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from MLSListings MLS as of the date shown below. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties appearing for sale on this website may subsequently have sold and may no longer be available.
MLSListings data last updated at May 16, 2024 9:50 PM PT