731 W Santa Fe Avenue, Merced, CA 95340

About this property

Great Investment Opportunity! This 8 unit complex is ideally located in the heart of Merced Ca. Within a few blocks your tenants could be enjoying many vibrant downtown eateries or simply take a short walk and enjoy the Bear creek bike path,Or the local zoo and Applegate park.Each unit is 2 bedrooms and 1 bath and large living area. 4 units have recently been completely remodeled from top to bottom including new cabinets in the kitchen and bathroom rooms. new flooring, tub,paint,fixtures and much more. Each unit has its own assigned carport with additional parking available on site. Entire exterior was recently painted and landscaped. There is also a onsite laundry room which provides an additional income source. monthly gross rents of $4000!!!

Listing description from the September 2015 sale, as reported to CRMLS.

Sale history

$350,000

Sold September 2015 · listed $369,000, orig. $375,000, on market March 2015 · MLS #MC15043733 · Source: CRMLS

Listing Agent: Aaron Vega · Listing Office: Tinetti Realty Group · Contact: 209-384-3885 · Bought with: Scott A. Oliver · CB Gonella Realty, Merced

$200,000

Sold August 2013 · listed $239,950, on market June 2013 · MLS #MC13119331 · Source: CRMLS

Listing Agent: Loren Gonella · Listing Office: CB Gonella Realty, Merced · Contact: 209-383-2171 · Bought with: Ricardo Gilor · Gil's Real Estate

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