$335,000
$375,000
10.7%For more information regarding the value of a property, please contact us for a free consultation.
0.28 Acres Lot
SOLD DATE : 07/26/2023
Key Details
Sold Price $335,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 223057005
Sold Date 07/26/23
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1919
Lot Size 0.281 Acres
Acres 0.2809
Property Description
Wow, what an incredible opportunity! Imagine owning not just one, but three homes on a single lot. This remarkable property allows you to enjoy the benefits of living in one unit while generating rental income from the others or generate income with all 3 units. The first two units feature spacious layouts with two bedrooms and one bathroom. The third unit is a cozy studio home. Situated on an expansive 12,236 square foot lot, there is plenty of room for outdoor activities,gardening, and/or future development.The property is zoned R-3/2.5, providing potential for various uses (buyer to conduct due diligence for specific details). Location-wise, this gem is conveniently located within blocks of Ralston Park, Merced County Library, restaurants, and the vibrant Downtown area. Whether you want to enjoy recreational activities or explore the lively atmosphere of the city, everything is just a few blocks away. Don't miss out on this exceptional opportunity to own a unique property with multiple income streams and incredible potential. The first home is a 1175 sq ft, 2 bedroom, 1 bath that has been fully refurbished but still has vintage charm with built-ins, wainscot, and 5 panel doors. Vinyl floors have been installed in the kitchen, bath, and laundry. There is new carpet in living r
Location
State CA
County Merced
Area 20405
Direction Elm Ave between 5th & 3rd St.
Interior
Heating None
Cooling Window Unit(s)
Flooring Linoleum
Laundry In Each Unit
Exterior
Garage None
Utilities Available City
Water Access Desc Public
Building
Lot Description Shape Regular
Story 1
Foundation Raised
Sewer Public Sewer
Water Public
Schools
Elementary Schools Atwater Elementary
Middle Schools Atwater Elementary
High Schools Merced Union High
School District Merced
Others
Senior Community No
Tax ID 002-192-018
Special Listing Condition None
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Bought with American Realty