Here is your chance to own a very unique 5-unit investment property in New Monterey close to Cannery Row, Pacific Grove and the waterfront with views of Monterey Bay. Live in the single-family home located at 786 Spencer St and rent out the 4-unit apartment behind it at 675 Irving Ave. The main house is a 2-bedroom, 1 bath with a den that could be a 3rd bedroom. It has tons of storage in the basement and its own garage. The 4-unit apartment complex consists of two 1 bedroom, 1.5 bath townhouse style apartments and two 1 bedroom, 1 bath single level apartments, each with a carport. There are views of the water from several of the units and one unit has been nicely updated to include wood floors, a fireplace, granite countertops and has nice high vaulted ceilings. Lots of options for the new owner.