60 E 12thMerced, CA 95341
Merced County
Description
Excellent Merced 4-Unit Investment Opportunity Don’t miss this well-maintained four-unit apartment complex in Merced, offering an excellent opportunity for investors looking to expand their rental portfolio or enter the multifamily market. The property features four comfortable 2-bedroom, 1-bath units, with each unit offering a practical layout and essential amenities including a gas stove, refrigerator, wall/window A/C, and additional storage. Conveniently located near Downtown Merced, the property provides easy access to shopping, dining, public transportation, and UC Merced, making the location attractive to a variety of renters, including students, professionals, and families. The property sits on approximately 7,504 square feet and includes four separate gas meters and four separate electric meters. With four 2-bedroom, 1-bath units and strong rental potential, this property offers a great opportunity to own a multifamily asset in an established Merced location.
Property Information
- Property type
- Residential Income
- Sub-type
- Quadruplex
- Year built
- 1977
- Stories
- 1
- Building area
- 3,000 Sq Ft
- Lot size
- 0.17 acres
- Days on market
- 34
- MLS® Listing#
- MC26182432
Property Features
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- Laundry
- Common Area
- Community
- Sidewalks
- Sewer
- Public Sewer
- Water source
- Public
- Parcel number
- 035032004000
Directions
G Street to 12th Street
Listing Courtesy: Homesmart PV & Associates - 209-261-7021
Presented by: Guillermo Bravo
Licensed in the state of California.
Merced Market Statistics
How this home compares to 346 active listings in Merced, CA
| Merced median | This listing | |
|---|---|---|
| Median listing price | $425,926 | $599,900 |
| Median days on market | 54 | 34 |
| Median Sq Ft | 1,616 | 3,000 |
| Median price / Sq Ft | $254 | $200 |
Market statistics compiled from active EXIT Realty® and MLS listings in Merced, CA.
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1567 Ellen Court, Merced, CA | $630,000 | 2 | — | — |
| 28 West 19th Street, MERCED, CA | $659,900 | — | — | 3,900 |
| 28 W 19th Street, Merced, CA | $659,900 | 6 | — | 3,900 |
| 929 W 6th Street 2, Merced, CA | $625,500 | 5 | — | 2,298 |
Connect with a Local Real Estate Expert
CA DRE# 01520140. Kris Klair Broker
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