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$1,495,000
Est. payment /mo
2 Beds
2 Baths
0.36 Acres Lot
New
940 K Merced, CA 95341
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID MC26208516
Bedrooms 2
Lot Size 0.361 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Well-maintained 10-unit multifamily investment opportunity in an established Merced location. Built in 1979, the property consists of two buildings with five units each, offering an attractive unit mix of all 2-bedroom, 1.5-bath, two-level townhome-style units. Features include newer HVAC units and a wrought-iron privacy gate providing controlled access to the property. The property has an excellent rental history and offers a desirable combination of functional floor plans, townhouse-style living, onsite laundry, storage units and established tenant demand. Conveniently located directly across from McNamara Community Park and soccer fields, and just minutes from the Merced County Fairgrounds, Highway 99 and Highway 59. An excellent opportunity for an investor seeking a well-located multifamily property with a proven rental history.
Location
State CA
County Merced
Zoning Assessor
Direction From Martin Luther King Jr. Way, turn onto W 11th St, turn left on K St.
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 032072008000
Acceptable Financing Cash
Listing Terms Cash

Listed by Ernesto Ochoa, DRE#01247053 Keller Williams Property Team
Co-listed byGordon Borges • Keller Williams Property Team
Co-listed byGordon Borges • Keller Williams Property Team
NEARBY SCHOOL & BUSINESS
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