5 units each 1 bedroom 1 bath and each rent for $1000 a month. Units are low maintence, window AC with pump heaters. each unit is estimated at 600 sq ft. Possible monthly income of $ 5,000 a month. Each unit has it's own electric and gas meter. Owner pays water, sewer garbage.
14 unit apartment complex. Possible rents are the following 2 one bedroom one bath units rent for $1050. There are 4 two bedroom one bath units rent for $1300 there are 8 three bedroom one bath units rents for $1400 all units have their own laundry rooms. Complex is downtown across from Amtrak station and a easy walk to shopping and schools.
5 units each 2 bedroom one and a half bath located near HWY 59, HWY 99 and Olive ave. with laundry rooom on site.
5 unit complex near HWY 59 and Olive ave. All units are rented with laundry room on site.
5 units each 2 bedrom one and a half bath located close to HWY99. Well maintained, with laundry room on site.
Great investment opportunity! Two-unit duplex, each unit 2 bed/1bath, located on a large 9,937 sqft lot. Each unit has a separate meter for gas and electrical, plus a shared water meter. One unit has been updated and is available to rent at own scheduled returned. Other unit has a long-term tenant. Both units have been well-maintained. Additional features included parking available in the alley and a fully fenced property. Large adjacent lot included with potential to build additional units.
Excellent income opportunity in an established neighborhood! Features two units, with Unit one being 3 bed 1 bath currently tenant-occupied at $2,000/month plus utilities. The second unit is vacant and ready for occupancy, with potential rent of $1,200/month. Add your own appliances and start generating immediate cash flow! Property offers a strong 8% cap rate and even more upside with room to add an ADU (buyer to verify). Whether you're an investor or owner-occupant, take advantage of available seller concessions and unlock the full potential of this value-add property. Don't miss this rare find with built-in income and expansion options! Located in the heart of the historical old town Merced, with tree-lined streets and close to downtown. Please call for an appointment; do not disturb tenants.
This unique multi-family property sits on just under half an acre and features two homes on one lot, offering incredible potential for investment or multi-generational living. Both homes have been fully gutted, providing a blank canvas for you to design the interiors to your specifications. Each house is currently a two-bedroom, one-bathroom layout with ample space to add additional rooms, making it ideal for expansion. The generous lot size offers plenty of outdoor space for both properties, creating opportunities for additional parking, landscaping, or even future development. Whether you're looking to renovate both homes and rent them out, live in one and lease the other, or design your dream multi-family setup, this property presents endless possibilities. A rare find for even the most discerning buyer, it enjoys a prime location near shops, restaurants, grocery stores, and is just a few short minutes from both UC Merced and Merced JC.
Welcome to this unique opportunity featuring two homes on one lot, perfect for investors or extended families seeking additional space. The first home is a 3-bedroom, 1-bathroom unit currently undergoing a full renovation. Once complete, it will showcase new siding and upgraded interior finishes, providing a fresh and modern living experience. The second home is a beautifully remodeled 2-bedroom, 1-bathroom unit with a newly painted exterior. Inside, you'll find updated finishes, creating a warm and contemporary space that’s ready to move in. This property offers flexibility for living, renting, or future potential, all while being conveniently located close to local amenities. With the ongoing improvements, this is a great opportunity to make this dual-home property truly your own!
Merced is located in California. Merced, California has a population of 85,993. Merced is less family-centric than the surrounding county with 29.1% of the households containing married families with children. The county average for households married with children is 33.05%.
The median household income in Merced, California is $52,305. The median household income for the surrounding county is $58,861 compared to the national median of $69,021. The median age of people living in Merced is 29.6 years.
The average high temperature in July is 95.1 degrees, with an average low temperature in January of 37.1 degrees. The average rainfall is approximately 12.5 inches per year, with 0 inches of snow per year.
