18 PORTER DR
ROYAL OAKS, CA 95076

$1,350,000

0 Beds

0 Baths

1,980 Sq Ft

Status Active

MLS# ML81962640

Great Investment opportunity located in the heart of downtown Pajaro! Currently leased as a bar for over two decades, This commercial building was renovated in 1997 and features a commercial grade hood fan, countertops along with two commercial grade sinks. Property also features 3 units in the rear of property. 18 Porter Dr. is the commercial leased bar, 18-A & B Porter are both 2 Bedroom units and 18-C Porter is a 3 Bedroom unit. Fantastic rental earning potential!

Details for 18 PORTER DR

$682 / Sq Ft

0 parking spaces

Wall Furnace

37 Days on website

0.1205 acres lot

Interior

Flooring

Vinyl / Linoleum

Living Area

1,980 SqFt.

Building And Construction

Accessibility Features

None

Number Of Units Total

Property Sub Type

Multi Family

Property Type

Residential Income

Security Features

["Other"]

Year Built

1997

Exterior And Lot

Carport_ Min

Lot Size Acres

0.1205

Lot Size Area Maximum Units

Square Feet

Lot Size Area Minimum Units

Square Feet

Lot Size Square Feet

5249

Maximum Lot Size

5250.00

Minimum Lot Size

5250.00

Parking Features

Off-Street Parking

Zoning

C-HD

Utilities

Cooling

["Ceiling Fan"]

Heating

Wall Furnace

Area And Schools

City

ROYAL OAKS

City Limits ( Y/N)

County Or Parish

Monterey

Elem School District Text

Pajaro Valley Unified

High School District Text

Pajaro Valley Unified

School District

800

Financial Info

Acceptable Financing Terms

Cash Or Conventional Loan

Buyer Agency Compensation^*

2.5%

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Expenses Other

Expenses Total

21922

Expenses Utility

7200

Gross Rent Multiplier

9.78

Income Other

Tax Annual Amount

$6,242

Unit 1 Rent

6000

Unit 2 Rent

1500

Unit 3 Rent

1500

Unit 4 Rent

2500

Additional Info

Additional Listing Info

Court Confirmation May Be Required

Meters

Separate Electric, Separate Gas