2400 K, Merced, CA, CA 95340

$1,950,000

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List Price
$1,950,000
Status
ACTIVE
MLS#
MC26136816
County
Merced
Year Built
1950
Building Square Feet
10,800
Square Feet
43,560
Days on Market
37
Property Type
Multifamily

Property Description

14 unit apartment complex. 2 one bedroom one bath units renting for $1050 market rent is $1200. 4 two bedroom one bath units renting for $1300 market rent is $1400. 8 three bedroom one bath units renting for $1400 market rent is $1600. All units have their own laundry rooms. Complex is downtown across from Amtrak station and a easy walking distance to shopping, schools, parks and train station. Four units are currently vacant.

Additional Information

Parcel Number
030112011000
Gross Scheduled Income
$249,600
Operating Expense
14693
Net Operating Income
$234,907
Number of Buildings
7
Lot Features
Lot Over 40000 Sqft
Sewer
Public Sewer
Water
Public
Community Features
Street Lights, Sidewalks

Listing courtesy of Listing Agent: Peter Huff (huffrealestate@gmail.com) from Listing Office: Huff Real Estate.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.