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Key Details
Sold Price $1,310,000
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID MC25020296
Sold Date 06/30/25
HOA Y/N No
Year Built 1988
Lot Size 0.349 Acres
Property Sub-Type Apartment
Property Description
Nestled in the heart of Merced, this exceptional multifamily property is a rare gem for investors seeking high returns. With 10 spacious units, each offering 2 bedrooms, 1 bathroom, and in-unit laundry hookups, this property is thoughtfully designed to meet the needs of modern amenities. The interiors are tastefully upgraded, featuring granite countertops, elegant backsplash tile flooring, and sleek stainless-steel appliances that elevate the living experience.
Situated on a generous 0.35-acre lot, the property also offers potential for outdoor amenities or additional upgrades, enhancing its long-term value. Equipped with central cooling to ensure year-round tenant comfort, this property promises consistent cash flow and low turnover.
Located in a thriving neighborhood close to schools, local amenities, and transportation hubs, this property combines convenience and desirability for renters. Whether you're looking to expand your real estate portfolio, enhance its value through upgrades, or enjoy reliable rental income, this off-market opportunity is a standout choice.
Location
State CA
County Merced
Zoning R-3-1.5
Interior
Heating Central
Fireplace No
Laundry Inside
Exterior
Pool None
Community Features Street Lights, Suburban, Sidewalks
Private Pool No
Building
Lot Description No Landscaping
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 031033017000
Acceptable Financing Cash, Submit
Listing Terms Cash, Submit
Financing Cash
Special Listing Condition Standard
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Bought with David Sousa Atlantic Realty