940 K, Merced, CA 95341
940 K, Merced, CA 95341
940 K, Merced, CA 95341
940 K, Merced, CA 95341
940 K, Merced, CA 95341
940 K, Merced, CA 95341
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$ 1,495,000
Est. payment | /mo

0.36 Acres Lot


$ 1,495,000
Est. payment | /mo

0.36 Acres Lot

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID MC26208516

HOA Y/N No

Year Built 1979

Lot Size 0.361 Acres

Property Sub-Type Apartment

Property Description

Well-maintained 10-unit multifamily investment opportunity in an established Merced location. Built in 1979, the property consists of two buildings with five units each, offering an attractive unit mix of all 2-bedroom, 1.5-bath, two-level townhome-style units. Features include newer HVAC units and a wrought-iron privacy gate providing controlled access to the property. The property has an excellent rental history and offers a desirable combination of functional floor plans, townhouse-style living, onsite laundry, storage units and established tenant demand. Conveniently located directly across from McNamara Community Park and soccer fields, and just minutes from the Merced County Fairgrounds, Highway 99 and Highway 59. An excellent opportunity for an investor seeking a well-located multifamily property with a proven rental history.

Location

State CA

County Merced

Zoning R-3-1.5

Interior

Interior Features All Bedrooms Up

Heating Central

Cooling Central Air

Fireplace No

Laundry Laundry Room

Exterior

Parking Features Assigned

Fence Wood, Wrought Iron

Pool None

Community Features Street Lights, Sidewalks, Park

Total Parking Spaces 12

Private Pool No

Building

Lot Description Near Park, Rectangular Lot

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 032072008000

Energy Description 319.0

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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Listed by Ernesto Ochoa Keller Williams Property Team 209-704-7653, DRE #01247053

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Dusty Mulhearn

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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