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.
Property Type
Residential IncomeCounty
MercedStyle
Residential IncomeAD ID
49672115
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
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Exterior Features
Building Information
- Year Built: 1940
- Building Area Total: 2,106
Pool Features
- None
Laundry Features
- See Remarks
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1722
- Lot Size Source: Assessor
- Lot Size Square Feet: 7500
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Listing Information
Listing Price Information
- Original List Price: 435,000
- Listing Contract Date: 2025-05-06
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 030121013000
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood:
- Postal Code Plus 4: 2947
- Directions: From 99 go east on G Street to West on 25th, one block on the right
- Zoning: R-1-6
- Source Property Type: Residential Income
- Property SubType: Single Family Residence
Building and Construction
- Property Age: 85
- Common Walls: No Common Walls
- Structure Type: Single Family Residence
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: front
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BuyOwner last updated this listing 05/16/2025 @ 06:03
- MLS: MC25102788
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 2,106 sqft, 7,500 sized lot, and 0 parking. are nearby neighborhoods.