CA > Merced
Merced, CA 95340,3158 College AVE
Merced, CA 95340,3158 College AVE
Merced, CA 95340,3158 College AVE
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Mike Bailey

Mike Bailey

+1(916) 622-5540
$1,499,999
Est. payment /mo
22,400 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 22,400 sqft

Price per Sqft $66

MLS Listing ID 225105685

HOA Y/N No

Year Built 1965

Lot Size 8,032 Sqft

Acres 0.1844

Property Sub-Type 5 or More Units

Source MLS Metrolist

Property Description

TWO 4 UNIT APARTMENT COMPLEXES WITH GARAGES BEING SOLD TOGETHER! Great 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 of approximately 700 square feet and includes a private garagea rare and desirable feature for tenants. 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. Excellent cash flow with long term appreciation potential in a growing market. Strong tenant demand and a great location make this a must see multifamily investment.

Location

State CA

County Merced

Area 20408

Direction G St, right onto E. Olive Ave, left on College Ave

Interior

Heating Central

Cooling Central

Flooring Carpet, Laminate, Vinyl, Linoleum

Appliance Free Standing Refrigerator, Dishwasher, Free Standing Electric Range

Laundry Washer/Dryer Hookups

Exterior

Garage Spaces 8.0

Utilities Available Electric

Water Access Desc Public

Roof Type Composition

Total Parking Spaces 8

Building

Lot Description Curbs/Gutters, Sidewalk

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

Schools

Elementary Schools Merced City

Middle Schools Merced City

High Schools Merced Union High

School District Merced

Others

Senior Community No

Tax ID 006-122-018

Special Listing Condition None

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agent

Mike Bailey

+1(916) 622-5540

Agent | License ID: 01505985

Agent License ID: 01505985

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