2610 N State Highway 59

Merced, CA 95348

  • 0 Bed(s)
  • 0 Bath(s)
  • 9,096 Sqft
  • 19985
    Sqft(Lot)
$2,500,000

Description

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***

  • Property Type

    Residential Income

  • County

    Merced

  • Style

    Residential Income

  • AD ID

    48398768

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Composition
    • Property Appliances: Electric Range,Range Hood
    • Fireplace: None
    • Flooring: Laminate

    Cooling Features

    • Central Air
    • Air Conditioning

    Heating Source

    • Central
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1970
    • Building Area Total: 9,096
    • Roof: Composition

    Pool Features

    • None

    Laundry Features

    • Common Area

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.4588
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 19985

  • Listing Price Information

    • Original List Price: 2,500,000
    • Listing Contract Date: 2025-01-17

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 058140010000

  • Garage and Parking

    • Garage Description: Driveway,Paved,Private,One Space,Side By Side

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood:
    • Postal Code Plus 4: 4342
    • Directions: W on Olive, Left on N State Highway 59
    • Zoning: R-3-1.5
    • Source Property Type: Residential Income
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 55
    • Common Walls: 2+ Common Walls
    • Structure Type: Apartment
    • Year Built Source: Owner
    • Entry Location: Unit
    • Property Attached: Yes
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BuyOwner last updated this listing 01/31/2025 @ 06:59

  • MLS: MC25012191
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 9,096 sqft, 19,985 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Merced , in zip code 95348, this Merced County Home are nearby neighborhoods.