Five units on one lot in the heart of downtown Merced. Two units consist of 2 bedrooms with 1 bathroom. Two units are 1 bedroom with 1 bathroom and the last unit is a studio. Live in 1 and rent the others or rent all 5!
Attention to Home buyers and investors ! Are you looking for 2 homes on one lot. Come check out this sparkling 4 bedroom 1 bath home in South Merced. The main home is a 4 bedroom 1 bath home that measures 1589 sq ft. Newer stove, carpets and The home has been updated with many new features. The second unit sq footage unknown is a 1 bed 1 bath that has also been updated with a newer roof, new refrigerator, stove sink counter top and carpets. there is also a nice storage shed/workshop I'm sure you will find delightful. It has not been determined if this will be a 1031 exchange at this time so buyer may participate in a 1031 exchange at no cost to buyer. Come check out this enchanting property before its gone off the market.
Desirable North Merced Duplex! End of a cul-de-sac location with a large lot approx. 9,831 sq ft! Live in 1 and rent the other or rent both units! Each unit has their own garage space and back yard space. Each unit is 2 bedrooms with 2 full bathrooms with indoor laundry rooms with cabinets. Shower stall in 1 bathroom and shower over tub in the other. Brick gas fireplace in the living room. Breakfast bar in the kitchen, ceiling fan in the dining area. Ceiling fans in each bedroom.
Courtesy: Century 21 Select Real Estate
Are you looking for a multi-unit complex with all kinds of potential, well you can stop your search right here. This is a 12 unit complex, 2 buildings with 6 units in each. The units are almost 760 sq feet per unit. All units are 2 bed one bath. The total building space is 9507 sq ft. Each building has its on coin operated laundry, 2 in all. There has been a recent flood that has affected the lower 3 units of each building. Some repairs have been made but are selling the property as is in current condition. The 12 units were being remodeled at the time of the flood. there were 4 newer water heaters and 2 new tub/showers installed on units in the 2610 building and 6 new water heaters and 6 tubs/showers in the 2620 building. Only 1 unit is currently rented at this time. current rent on that unit is $1365 per month. All New doors and security doors were installed prior to flood. New flooring was also installed in some units. Owner also had new stairs and balcony entrance (deck) installed at a cost of around $80,000. All units have central Heat and Air. Each unit also has storage area. There is ample parking for 20 vehicles on paved parking area. This is a hard to find 12 unit complex so reach out today. Selling as is. Buyer to participate in a 1031 exchange at no cost to buyer. SELLER WILL CONSIDER TRADE OF PROPERTIES. ***Updated Photos***
Merced is located in California. Merced, California has a population of 82,008. Merced is less family-centric than the surrounding county with 29.77% of the households containing married families with children. The county average for households married with children is 35.83%.
The median household income in Merced, California is $40,704. The median household income for the surrounding county is $46,338 compared to the national median of $57,652. The median age of people living in Merced is 29.2 years.
The average high temperature in July is 95.6 degrees, with an average low temperature in January of 37 degrees. The average rainfall is approximately 15.4 inches per year, with 0 inches of snow per year.
