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$ 435,000
Est. payment | /mo
4 Beds
2 Baths
$ 435,000
Est. payment | /mo
4 Beds
2 Baths
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID MC25102788
Bedrooms 4
Property Sub-Type Res Income 2-4 Units
Property Description
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.
Location
State CA
County Merced
Zoning Assessor
Direction From 99 go east on G Street to West on 25th, one block on the right
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Tax ID 030121013000
Listed by Rick Osorio Century 21 Select Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
10550 Craftsman Way #184, San Diego, California, 92127, USA