Description
Nestled in the heart of merced, this exceptional multifamily property is a rare gem for investors seeking high returns. with 10 spacious units, each offering 2 bedrooms, 1 bathroom, and in-unit laundry hookups, this property is thoughtfully designed to meet the needs of modern amenities. the interiors are tastefully upgraded, featuring granite countertops, elegant backsplash tile flooring, and sleek stainless-steel appliances that elevate the living experience.
situated on a generous 0.35-acre lot, the property also offers potential for outdoor amenities or additional upgrades, enhancing its long-term value. equipped with central cooling to ensure year-round tenant comfort, this property promises consistent cash flow and low turnover.
located in a thriving neighborhood close to schools, local amenities, and transportation hubs, this property combines convenience and desirability for renters. whether you’re looking to expand your real estate portfolio, enhance its value through upgrades, or enjoy reliable rental income, this off-market opportunity is a standout choice.
Property Type
Residential IncomeCounty
MercedStyle
Residential IncomeAD ID
48758549
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Heating Source
- Central
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1988
- Building Area Total: 4,488
Pool Features
- None
Laundry Features
- Inside
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.349
- Lot Size Source: Assessor
- Lot Size Square Feet: 15204
-
Listing Information
Listing Price Information
- Original List Price: 1,590,000
- Listing Contract Date: 2025-02-27
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 031033017000
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood:
- Postal Code Plus 4: 4542
- Directions: northeast on Canal St toward W 18th St; left at the 1st cross street onto W 18th St; right onto R St
- Zoning: R-3-1.5
- Source Property Type: Residential Income
- Property SubType: Apartment
Building and Construction
- Property Age: 37
- Common Walls: 2+ Common Walls
- Structure Type: Apartment
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: Front
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 04/05/2025 @ 06:52
- MLS: MC25020296
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 4,488 sqft, 15,204 sized lot, and 0 parking. are nearby neighborhoods.