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Listed by Armando Diaz • Soldavi Inc.
$1,499,999
Est. payment /mo
5,600 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,600 sqft
Price per Sqft $267
MLS Listing ID CRMC25181024
HOA Y/N No
Year Built 1965
Lot Size 0.372 Acres
Property Sub-Type Other
Source Datashare California Regional
Property Description
TWO 4-UNIT APARTMENT COMPLEXES WITH GARAGES SOLD TOGETHER Outstanding investment opportunity in Merced. This package includes two separate 4 unit buildings on individual APNs, for a total of 8 units. Each unit is a 2 bedroom, 1 bath floor plan with approximately 700 square feet of living space and private garages, a rare and desirable feature for tenants. Six of the eight units have been tastefully remodeled, featuring laminate flooring, fresh interior paint, granite countertops, updated fixtures, and either standing showers or tub and shower combinations, offering modern comfort and appeal. The properties are well maintained with strong rental history, stable occupancy, and low maintenance construction. Located near shopping, schools, dining, and public transit, just minutes from UC Merced and downtown. This is a great opportunity with strong cash flow and long term appreciation potential in a growing market with high tenant demand. Do not miss this chance to own a solid multifamily investment in a prime Merced location.
Location
State CA
County Merced
Interior
Heating Other
Cooling Central Air
Flooring Laminate, Vinyl, Carpet
Fireplace No
Laundry In Garage
Building
Lot Description Other
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