$2,000,000
$2,170,000
7.8%For more information regarding the value of a property, please contact us for a free consultation.
4.6 Acres Lot
SOLD DATE : 03/18/2022
Key Details
Sold Price $2,000,000
Property Type Other Types
Sub Type SingleFamilyResidence
Listing Status Sold
Purchase Type For Sale
MLS Listing ID MC21175025
Sold Date 03/18/22
HOA Y/N No
Year Built 1932
Lot Size 4.600 Acres
Property Description
Great opportunity to own a 12-unit investment property located on 4.6 acres. The property includes five parcels that consist of 1 acre of land, zoned multi-family. Two units on 1 acre with a 2 bed, 1 bath unit, and a 3 bed, 1 bath unit. The property also includes six units on a 1-acre lot, a triplex, a duplex, 2 bed, 1 bath unit, 1 bed, 1 bath unit, a two-story home, and large storage in the back. Two units on a 1-acre lot, 3 beds, 1 bath country home with its own backyard and a garage, and a 1 bed, 1 bath unit with a nice backyard. One parcel has a 3 bed, 2 bath home, and includes an additional 1 bed, 1 bath studio. Six units on the property have been reroofed within the last year. All units within the last eighteen months had the exterior newly painted. Several of the homes had the interior upgraded within the last two years. The rental history on this property has been amazing with many tenants being here for several years even with the recent covid. This whole property has the potential for 43 SFR buildouts in the near future. Location, location, location! Located in North Merced near UC Merced, Merced Mall, Mercy Medical Center, Downtown Merced, and many restaurants. Schedule your appointment today to see this amazing opportunity.
Location
State CA
County Merced
Zoning R-1
Rooms
Other Rooms Storage
Interior
Interior Features CeilingFans
Heating FloorFurnace, SeeRemarks, WallFurnace
Cooling WallWindowUnits
Flooring SeeRemarks, Tile
Fireplaces Type SeeRemarks
Fireplace Yes
Appliance GasRange
Laundry SeeRemarks
Exterior
Parking Features Carport, Garage, SeeRemarks
Garage Spaces 2.0
Carport Spaces 2
Garage Description 2.0
Pool None
Community Features Curbs, Sidewalks
View Y/N Yes
View Neighborhood
Roof Type Composition
Total Parking Spaces 4
Private Pool No
Building
Lot Description BackYard, FrontYard, Lawn, RectangularLot, Yard
Story One
Entry Level One
Foundation Slab
Sewer SepticTypeUnknown
Water Public
Level or Stories One
Additional Building Storage
New Construction No
Others
Senior Community No
Tax ID 007142047000
Acceptable Financing Cash, Conventional, Submit
Listing Terms Cash, Conventional, Submit
Financing CashtoLoan
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Randy Hayer • SVN Executive Commercial Advisors
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
880 Roosevelt Suite 250, Irvine, California, 92620, United States