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Key Details
Sold Price $503,300
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 221119283
Sold Date 01/06/22
HOA Y/N No
Year Built 1979
Lot Size 0.444 Acres
Acres 0.4441
Property Sub-Type Quadruplex
Source MLS Metrolist
Property Description
2 Duplexes on 1 parcel great location. Directly across from Golden Valley High School and very easy access to SR 99 for commuters. Units have excellent rental history with long term tenants. Subject to approval by the City of Merced, there appears to be a space to build an additional duplex in the rear. Each unit is 2 bedroom one bath and approx 900 SF. Each unit has a small outdoor storage closet, central heat and air and all have indoor washer and dryer hookups. Rents are currently $750 per unit but rental survey indicates that the units would likely support rents of $850-$900 per unit. Rent rolls, expenses, etc will be provided to buyer during buyer inspection and investigation period and shall be subject to Buyer approval. Unite are 1175, 1179,1185, and 1189.
Location
State CA
County Merced
Area 20407
Direction From SR 99. Yosemite Pkwy to Parsons Ave. South on Parsons to Next Door Real Estate sign and property.
Interior
Heating Central
Cooling Central
Flooring Carpet, Vinyl
Laundry In Each Unit
Exterior
Parking Features Uncovered
Utilities Available Natural Gas Connected, City
Water Access Desc Public
View Park
Roof Type Composition
Topography Level
Building
Lot Description Shape Regular, Curbs/Gutters
Story 1
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Schools
Elementary Schools Merced City
Middle Schools Merced City
High Schools Merced Union High
School District Merced
Others
Senior Community No
Tax ID 035-150-045
Special Listing Condition None
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Bought with Realty One Group Complete
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