MLS® ID: MC19203328

617 W Santa Fe Avenue

Merced, California, 95340

$1,075,000 Active
  • - SQFT
New Section 8 one bedroom rate increased to $ 810 12-05-1p Price reduced to $ 1,075,000 and it still under replacement cost, in a growing community anchored by UC Merced and a new cannabis industry. Excellent investment opportunity near UC Merced. These ten units have been well maintained and remodeled on a change of tenant. Two single story buildings, each with five units. The complex is in easy walking distance to Police Department, Courthouse, Applegate Park, Schools, Medical Offices, US Post Office, Downtown, 5 banks, new UC Downtown building and convenient to bus stops. All units have one bedroom, bathroom, kitchen, dining area, kitchen bar area to eat,electric stove/range, dishwasher, disposal, central HVAC. Two uncovered parking spaces per unit Onsite laundry room (Consigned to Webb Laundry) Complex has been full for several years. The last unit rented for $785 / month. Please read the attached Property Overview in the supplements.
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Listing courtesy of Yandow Realty Group

Amenities

  • Full baths
    0
  • Half baths
    0
  • Three-quarter Baths
    0
  • Total Baths
    0
  • Zip
    95340
  • Office name
    Yandow Realty Group
  • SQFT
    0
  • Bedrooms
    0
  • Zoning type
    R-3-1.5
  • Year built
    1980
  • Lot size
    15002.00
  • Sewer
    Public Sewer
  • Heating
    Central,Natural Gas
  • Tax year
    0
  • Agent name
    Mark Yandow
  • Tax amount
    $ 0.0
  • Purchase Type
    Active
  • HOA fees
    $ 0.00
  • Price Range
    $1m-$1.25m
  • Square Feet Range
    < 1000 sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    MC85
  • Agent ID
    MCYANDMA

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