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$379,500
Est. payment /mo
0.26 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID MC25073458
HOA Y/N No
Lot Size 0.256 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Great Investment Opportunity - This unique Triplex property offers excellent potential for both investors looking to add to their portfolio and owner occupants who may be looking to live in one unit and rent the others. Situated on a spacious 11,000+ Sqft lot, this property features THREE 1 Bedroom-1 Bathroom Homes each with 570+/- Sqft of living space. One of the units is currently rented by a long term tenant, offering immediate cash flow. The other two units are vacant and feature new windows. Units are in need of some repairs, but present a solid foundation for customization and value growth. Extra large workshop and storage structure on the property presents opportunities for additional income. Property zoned R 1-6. Buyer to investigate potential to add or convert existing or additional structures. This property is a RARE find offering flexible possibilities for any savvy owner or investor. Close proximity to Highway 99, 59 and 140.
Great Investment Opportunity - This unique Triplex property offers excellent potential for both investors looking to add to their portfolio and owner occupants who may be looking to live in one unit and rent the others. Situated on a spacious 11,000+ Sqft lot, this property features THREE 1 Bedroom-1 Bathroom Homes each with 570+/- Sqft of living space. One of the units is currently rented by a long term tenant, offering immediate cash flow. The other two units are vacant and feature new windows. Units are in need of some repairs, but present a solid foundation for customization and value growth. Extra large workshop and storage structure on the property presents opportunities for additional income. Property zoned R 1-6. Buyer to investigate potential to add or convert existing or additional structures. This property is a RARE find offering flexible possibilities for any savvy owner or investor. Close proximity to Highway 99, 59 and 140.
Great Investment Opportunity - This unique Triplex property offers excellent potential for both investors looking to add to their portfolio and owner occupants who may be looking to live in one unit and rent the others. Situated on a spacious 11,000+ Sqft lot, this property features THREE 1 Bedroom-1 Bathroom Homes each with 570+/- Sqft of living space. One of the units is currently rented by a long term tenant, offering immediate cash flow. The other two units are vacant and feature new windows. Units are in need of some repairs, but present a solid foundation for customization and value growth. Extra large workshop and storage structure on the property presents opportunities for additional income. Property zoned R 1-6. Buyer to investigate potential to add or convert existing or additional structures. This property is a RARE find offering flexible possibilities for any savvy owner or investor. Close proximity to Highway 99, 59 and 140.
Location
State CA
County Merced
Area Merced (95340)
Zoning Assessor
Interior
Cooling Wall/Window
Appliance Floor Furnace
Exterior
Roof Type Composition
Building
Lot Description Sidewalks
Story 1
Level or Stories 1 Story
Others
Monthly Total Fees $8
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Listed by Katelyn Bennett • Tinetti Realty Group
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Nicole Hazelton
Broker Associate | License ID: 01819363
Broker Associate License ID: 01819363
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