$1,495,000
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.
Listed by Ernesto Ochoa with Keller Williams Property Team
MLS Property Type
Residential Income
Property Subtype
Apartment
Status
Active
MLS Number
MC26208516
Year Built
1979
Building Size
8,640 sq ft
Units
10
Lot Size
0.36 acres
Click to interact with map
Photo coming soon
575 Bear Creek Dr, Merced
Listed by Kelly Pirtle with Century 21 Select Real Estate
Photo coming soon
1962 1976 Edwards, Merced
Listed by Armando Diaz with Soldavi Inc.
Photo coming soon
2400 K, Merced
Listed by Peter Huff with Huff Real Estate
