3158 College AVE new Save Request In-Person Tour Request Virtual Tour
Merced,CA 95340
Key Details
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 22,400 sqft
Price per Sqft $66
MLS Listing ID 225105685
HOA Y/N No
Year Built 1965
Lot Size 8,032 Sqft
Acres 0.1844
Property Sub-Type 5 or More Units
Source MLS Metrolist
Property Description
TWO 4 UNIT APARTMENT COMPLEXES WITH GARAGES BEING SOLD TOGETHER! Great investment opportunity in Merced. This package includes two separate 4 unit buildings on individual APNs, for a total of 8 units. Each unit is a 2 bedroom 1 bath floor plan of approximately 700 square feet and includes a private garagea rare and desirable feature for tenants. Well maintained with strong rental history, stable occupancy, and low maintenance construction. Located near shopping, schools, dining, and public transit, just minutes from UC Merced and downtown. Excellent cash flow with long term appreciation potential in a growing market. Strong tenant demand and a great location make this a must see multifamily investment.
Location
State CA
County Merced
Area 20408
Direction G St, right onto E. Olive Ave, left on College Ave
Interior
Heating Central
Cooling Central
Flooring Carpet,Laminate,Vinyl,Linoleum
Appliance Free Standing Refrigerator,Dishwasher,Free Standing Electric Range
Laundry Washer/Dryer Hookups
Exterior
Garage Spaces 8.0
Utilities Available Electric
Water Access Desc Public
Roof Type Composition
Total Parking Spaces 8
Building
Lot Description Curbs/Gutters,Sidewalk
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Schools
Elementary Schools Merced City
Middle Schools Merced City
High Schools Merced Union High
School District Merced
Others
Senior Community No
Tax ID 006-122-018
Special Listing Condition None