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Merced,CA 95340
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 570 sqft
Price per Sqft $665
MLS Listing ID MC25074522
Bedrooms 1
Full Baths 1
Year Built 1943
Lot Size 0.256 Acres
Property Sub-Type Triplex
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.
Location
State CA
County Merced
Zoning R-1-6
Interior
Heating Floor Furnace
Cooling Wall/Window Unit(s)
Fireplaces Type None
Laundry See Remarks
Exterior
Parking Features Garage,Community Structure,Workshop in Garage
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Sidewalks
Utilities Available Sewer Connected
View Y/N Yes
View Neighborhood
Roof Type Composition
Building
Lot Description 2-5 Units/Acre
Dwelling Type Triplex
Story 1
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Merced City
Others
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard