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Paul Young

[email protected] +1(949) 388-6888

$ 2,500,000

Est. payment -/mo

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Active

2610 N State Highway 59 Merced, CA 95348

9,096 SqFt

UPDATED:

09/30/2024 06:51 PM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 9,096 sqft

Price per Sqft $274

MLS Listing ID MC23048755

HOA Y/N No

Year Built 1970

Lot Size 0.459 Acres

Acres 0.4588

Property Description

Are you looking for a multi-unit complex with all kinds of potential, well you can stop your search right here. This is a 12 unit complex, 2 buildings with 6 units in each. The units are almost 760 sq feet per unit. All units are 2 bed one bath. The total building space is 9507 sq ft. Each building has its on coin operated laundry, 2 in all. There has been a recent flood that has affected the lower 3 units of each building. Some repairs have been made but are selling the property as is in current condition. The 12 units were being remodeled at the time of the flood. there were 4 newer water heaters and 2 new tub/showers installed on units in the 2610 building and 6 new water heaters and 6 tubs/showers in the 2620 building. Only 1 unit is currently rented at this time. current rent on that unit is $1365 per month. All New doors and security doors were installed prior to flood. New flooring was also installed in some units. Owner also had new stairs and balcony entrance (deck) installed at a cost of around $80,000. All units have central Heat and Air. Each unit also has storage area. There is ample parking for 20 vehicles on paved parking area. This is a hard to find 12 unit complex so reach out today. Selling as is. Buyer to participate in a 1031 exchange at no cost to buyer. SELLER WILL CONSIDER TRADE OF PROPERTIES. ***Updated Photos***

Location

State CA

County Merced

Zoning R-3-1.5

Rooms

Ensuite Laundry Common Area

Interior

Laundry Location Common Area

Heating Central

Cooling Central Air

Flooring Laminate

Fireplaces Type None

Fireplace No

Appliance Electric Range, Range Hood

Laundry Common Area

Exterior

Garage Driveway, Paved, Private, One Space, Side By Side

Pool None

Community Features Gutter(s), Storm Drain(s), Street Lights

Utilities Available Cable Available, Overhead Utilities

Roof Type Composition

Parking Type Driveway, Paved, Private, One Space, Side By Side

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Paved

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 058140010000

Acceptable Financing Cash, Conventional, 1031 Exchange, Submit

Listing Terms Cash, Conventional, 1031 Exchange, Submit

Special Listing Condition Trust

Listed by Ronald Scanlon • Century 21 Select Real Estate • 209-676-1666

Paul Young

Agent | H01433615

+1(949) 388-6888

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Paul Young

Paul Young

2610 N State Highway 59 Merced, CA 95348

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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2610 N State Highway 59