731 W Santa Fe Avenue,  Merced CA, 95340 (Residential Income)

5,670 sqft
Status: Sold
MLS#: MC15043733
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Last Updated: 12/7/2016 2:39 AM
Description for 731 W Santa Fe Avenue Merced, CA 95340
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!!!
Price
Sold Price:
$350,000
Sold Date:09/25/2015
Merced
5,670 (approx)
MC15043733
Closed
Description
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 Information
Property Type: Cluster, Other
0.3 Acres 12,998 sq.ft. 5,670 (approx)
1970
Public Water Service
Sewer at Street
8 Total
Neighborhood
Room Information
Interior Features
Window/Wall Unit
Exterior / Lot Features
12 Parking Spaces, Detached Carport
None
No Pool
Sidewalks, Curbs Walk
Driving Directions
Between N and O street
Financial Considerations
030092017000
$35,436 Income ,$24,060Expense
Listing Price History

Merced Real Estate

Merced is located in California. Merced, California 95340 has a population of 78,953.

The median household income in Merced, California 95340 is $38,253. The median household income for the surrounding county is $43,565 compared to the national median of $53,046. The median age of people living in Merced 95340 is 28.3 years.

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Courtesy: Tinetti Realty Group Aaron Vega
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