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Residential Income - 940 K, Merced, CA

$1,495,000

940 K, Merced, CA

940 K, Merced, CA 95341 - $1,495,000 · Multi-Family Home for Sale, photo 1 940 K, Merced, CA 95341 - $1,495,000 · Multi-Family Home for Sale, photo 2 940 K, Merced, CA 95341 - $1,495,000 · Multi-Family Home for Sale, photo 3 940 K, Merced, CA 95341 - $1,495,000 · Multi-Family Home for Sale, photo 4 940 K, Merced, CA 95341 - $1,495,000 · Multi-Family Home for Sale, photo 5
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Description

Well-maintained 10-unit multifamily investment opportunity in an established Merced location. Built in 1979, the property consists of two buildings with five units each, offering an attractive unit mix of all 2-bedroom, 1.5-bath, two-level townhome-style units. Features include newer HVAC units and a wrought-iron privacy gate providing controlled access to the property. The property has an excellent rental history and offers a desirable combination of functional floor plans, townhouse-style living, onsite laundry, storage units and established tenant demand. Conveniently located directly across from McNamara Community Park and soccer fields, and just minutes from the Merced County Fairgrounds, Highway 99 and Highway 59. An excellent opportunity for an investor seeking a well-located multifamily property with a proven rental history.

Property details

Year built
1979
Property type
Residential Income
Lot size
15,707 sqft

Location

940 K • Merced, CA 95341

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Listed by

Ernesto Ochoa · Keller Williams Property Team

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Listing courtesy of Keller Williams Property Team. Information deemed reliable but not guaranteed.

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