144 148 W 20th Street, Merced, CA 95340

About this fourplex

100% Occupied, turn-key investment property in the heart of downtown Merced. 5 units provide a very desirable unit mix of two 2 bd/1 ba, two 1 bd/1 ba, and one studio. Low maintenance stucco exterior, tile floors in all units, and excellent property mgmt in place make this a rare opportunity to buy near growing UC Merced and generate strong cash flow. All tenants are on 12 month leases. Rents: $3,055/month. 2 bds at $695 & $675, 1 bds at $595, and studio at $495. *Write offers subject to inspection. Interiors of units will only be shown to buyer once offer is accepted.*

Listing description from the October 2017 sale, as reported to CRMLS.

Sale history

$340,000

Sold October 2017 · listed $339,000, on market September 2017 · MLS #OC17193352 · Source: CRMLS

Listing Agent: David Bezeau · Listing Office: HomeBay Broker CA, Inc · Contact: 415-712-0081 · Bought with: Teri Kleinen · Merced Yosemite Realty

$195,000

Sold February 2016 · on market December 2015 · MLS #MC15266671 · Source: CRMLS

Listing Agent: Andy Krotik · Listing Office: CB Gonella Realty, Atwater · Contact: 209-358-6429 · Bought with: Sheila Splitt · Century 21 M&M And Assoc., Mer

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