0.37 Acres Lot
0.37 Acres Lot
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID MC25181024
HOA Y/N No
Year Built 1965
Lot Size 0.372 Acres
Property Sub-Type Mixed Use
Property Description
Outstanding investment opportunity in Merced. This package includes two separate 4 unit buildings on individual APNs, for a total of 8 units. Each unit is a 2 bedroom, 1 bath floor plan with approximately 700 square feet of living space and private garages, a rare and desirable feature for tenants.
Six of the eight units have been tastefully remodeled, featuring laminate flooring, fresh interior paint, granite countertops, updated fixtures, and either standing showers or tub and shower combinations, offering modern comfort and appeal.
The properties are well maintained with strong rental history, stable occupancy, and low maintenance construction. Located near shopping, schools, dining, and public transit, just minutes from UC Merced and downtown. This is a great opportunity with strong cash flow and long term appreciation potential in a growing market with high tenant demand.
Do not miss this chance to own a solid multifamily investment in a prime Merced location.
Location
State CA
County Merced
Zoning R-3-2
Interior
Heating Central
Cooling Central Air
Flooring Carpet, Laminate, Vinyl
Fireplace No
Appliance Dishwasher, Electric Range, Refrigerator
Laundry In Garage
Exterior
Parking Features Assigned
Garage Spaces 8.0
Garage Description 8.0
Fence Wood
Pool None
Community Features Curbs, Gutter(s), Street Lights, Sidewalks
Roof Type Composition
Total Parking Spaces 8
Private Pool No
Building
Lot Description Sprinkler System
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 006122018000
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Conventional, Submit
Listing Terms Cash, Conventional, Submit
Special Listing Condition Standard
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "