940 K
Property Overview
Well-maintained 10-unit multifamily investment opportunity in an established Merced location. Built in 1979, the property consists of two buildings with five units each, offering an attractive unit mix of all 2-bedroom, 1.5-bath, two-level townhome-style units. Features include newer HVAC units and a wrought-iron privacy gate providing controlled access to the property. The property has an excellent rental history and offers a desirable combination of functional floor plans, townhouse-style living, onsite laundry, storage units and established tenant demand. Conveniently located directly across from McNamara Community Park and soccer fields, and just minutes from the Merced County Fairgrounds, Highway 99 and Highway 59. An excellent opportunity for an investor seeking a well-located multifamily property with a proven rental history.
Home Details
- Property type
- Residential Income - Apartment
- Year built
- 1979
- Lot size
- 15,707 sq ft
- Parking
- 12 spaces
- Stories
- 2
- Days on market
- 5
- MLS status
- Active
- Zoning
- R-3-1.5
Features & Amenities
Interior
- All Bedrooms Up
Parking
- Assigned
Pool
- None
Lot
- Near Park
- Rectangular Lot
Community, Schools & Utilities
Utilities
- Heating
- Central
- Cooling
- CentralAir
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions About 940 K
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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