Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1965
Sq.Footage
N/A
TWO 4-UNIT APARTMENT COMPLEXES WITH GARAGES SOLD TOGETHER 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.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Central
Exterior
-
Garage
Yes
-
Garage spaces
8
-
Construction Materials
Frame, Stucco
-
Parking
Assigned
-
Pool
Yes
-
Pool Features
None
Area & Lot
-
Lot Size(acres)
0.3719
-
Property Type
Residential Income
-
Property Sub Type
Mixed Use
Price
-
Sales Price
$1,499,999
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Foundation Details
Slab
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
6
-
Water Source
Public
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Location
County
Merced
Elementary School
Middle School
High School
Listing Courtesy of Armando Diaz , Soldavi Inc.
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