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 5,600 sqft
Price per Sqft $267
MLS Listing ID 225105685
HOA Y/N No
Year Built 1965
Lot Size 0.372 Acres
Acres 0.3719
Property Sub-Type 5 or More Units
Source MLS Metrolist
Property Description
TWO 4-UNIT APARTMENT COMPLEXES WITH GARAGES SOLD TOGETHER Outstanding 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 with approximately 700 square feet of living space and private garages, a rare and desirable feature for tenants. Six of the eight units have been tastefully remodeled, featuring laminate flooring, fresh interior paint, granite countertops, updated fixtures, and either standing showers or tub and shower combinations, offering modern comfort and appeal. The properties are 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. This is a great opportunity with strong cash flow and long term appreciation potential in a growing market with high tenant demand. Do not miss this chance to own a solid multifamily investment in a prime Merced location.
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