CA > Merced
Merced, CA 95340,3158 College AVE
Merced, CA 95340,3158 College AVE
Merced, CA 95340,3158 College AVE
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Fri
15
Aug
Sat
16
Aug
Sun
17
Aug
Mike Ownbey

Mike Ownbey

+1(916) 616-1607
$1,499,999
Est. payment /mo
5,600 SqFt
Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 5,600 sqft

Price per Sqft $267

MLS Listing ID 225105685

HOA Y/N No

Year Built 1965

Lot Size 0.372 Acres

Acres 0.3719

Property Sub-Type 5 or More Units

Source MLS Metrolist

Property Description

TWO 4-UNIT APARTMENT COMPLEXES WITH GARAGES SOLD TOGETHER Outstanding 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 with approximately 700 square feet of living space and private garages, a rare and desirable feature for tenants. Six of the eight units have been tastefully remodeled, featuring laminate flooring, fresh interior paint, granite countertops, updated fixtures, and either standing showers or tub and shower combinations, offering modern comfort and appeal. The properties are 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. This is a great opportunity with strong cash flow and long term appreciation potential in a growing market with high tenant demand. Do not miss this chance to own a solid multifamily investment in a prime Merced location.

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

Read Less Info
MetroList® Services, Inc
Listed by Soldavi Inc.

GET MORE INFORMATION

agent

Mike Ownbey

+1(916) 616-1607

Agent | License ID: 01077144

Agent License ID: 01077144

Name

Phone*

Message

I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Mike Ownbey, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.