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Listed by Armando Diaz • Soldavi Inc.
$ 1,499,999
Est. payment /mo
Pending
3150 College Avenue Merced, CA 95340
5,600 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Pending
Purchase Type For Sale
Square Footage 5,600 sqft
Price per Sqft $267
MLS Listing ID MC-25181024
Year Built 1965
Lot Size 0.372 Acres
Property Sub-Type Commercial/Residential
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.
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
Zoning R-3-2
Interior
Heating Central
Flooring Carpet, Laminate, Vinyl
Laundry In Garage
Exterior
Parking Features Assigned
Garage Spaces 8.0
Pool None
Community Features Curbs, Gutters, Sidewalks, Street Lights
Building
Lot Description Sprinkler System
Sewer Public Sewer
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944