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$1,600,000
Est. payment /mo
14 Beds
14 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID MC25152545
Bedrooms 14
Property Sub-Type Res Income 2-4 Units
Property Description
A 14-unit complex with 14 large 1 bed, 1 bath units approximately 600 sq ft each. Priced at a little over $114,000 per unit, delivering a 5.66 cap rate at the asking price. This complex offers on site laundry with its own individual room and the entire perimeter is gated for extra security and safety located in downtown Merced. Each unit comes with it's own parking space inside the gated area and storage space to store your additional personal items. All the units were upgraded with newer dual pane windows and are all rented out and in good condition.
Location
State CA
County Merced
Zoning Assessor
Direction Go North on G St; Turn right on 19th
Interior
Fireplace No
Exterior
View Y/N No
Roof Type Tile/Clay
Building
Story 2
Level or Stories 2
Others
Tax ID 031071012000
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Listed by Jeff Nightengale London Properties Ltd - Merced