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    420 N Street

    Merced, CA 95341
    • $499,000
    • STATUS: Active
    • ON SITE: 97 days
    • ID#: MC20138299
    UPDATED: 101 min ago
    $499,000
    • 0
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,120
      SQFT
    • $121
      $/SQFT
    Type:
    Multi-Family
    Built:
    1980
    County:

    School Ratings & Info

    Description

    Good investment opportunity! 5 unit complex that is fully occupied. Each unit has 2 bedrooms and 1 bathroom, and has its own back patio. There is plenty of parking, and a laundry room on the east side of the complex for everyone to use. Complex is managed by a professional property management company.5-plex is located near Reyes Elementary School & Tenaya Middle School.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-20T00:30:29.2. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

    www.therealestategirl.com/homes/107845257
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    420 N Street Merced, CA 95341

    • Price: $499,000
    • Status: Active
    • Updated: 101 min ago
    • ID#: MC20138299
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    4,120
    SQFT
    $121
    $/SQFT
    1980
    Built
    County:
    Merced
    Property Description
    Good investment opportunity! 5 unit complex that is fully occupied. Each unit has 2 bedrooms and 1 bathroom, and has its own back patio. There is plenty of parking, and a laundry room on the east side of the complex for everyone to use. Complex is managed by a professional property management company.5-plex is located near Reyes Elementary School & Tenaya Middle School.
    Exterior Features

    Garage Spaces 0.00 Lot Features Lot 10000-19999 Sqft Lot Size Source Assessor Lot Size Units Square Feet Parking Features Assigned Parking Total 0.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Road Surface Type Maintained Roof Composition

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Carpet Heating Central Heating YN Yes Laundry Features CommunityIndividual Room Levels One Room Type All Bedrooms Down

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Sidewalks Country Us Elevation Units Feet Gross Income 44160.00 Gross Scheduled Income 44160.00 Insurance Expense 1000.00 Land Lease YN No Laundry YN Yes Net Operating Income 26560.00 New Construction YN No New Taxes Expense 1600.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Number Of Units Leased 5 Operating Expense 7700.00 Professional Management Expense 3300.00 Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 3680.00 Total Expenses 17600.00 Trash Expense 0.00 Utilities Sewer Connected Water Sewer Expense 4000.00 Water Source Public Year Built Source Public Records Zoning R-3-1.5

    Listing provided courtesy of Matthew Ostdiek of Ostdiek Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-20T00:30:29.2. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

     
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