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Listed by Ronald Scanlon • Century 21 Select Real Estate
$2,500,000
Est. payment /mo
9,096 SqFt
Active
2610 N State Highway 59 Merced, CA 95348
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UPDATED:
01/22/2025 06:04 AM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 9,096 sqft
Price per Sqft $274
MLS Listing ID CRMC25012191
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1970
Lot Size 0.459 Acres
Property Description
Are you looking for a multi-unit complex with all kinds of potential, well you can stop your search right here. This is a 12 unit complex, 2 buildings with 6 units in each. The units are almost 760 sq feet per unit. All units are 2 bed one bath. The total building space is 9507 sq ft. Each building has its on coin operated laundry, 2 in all. There has been a recent flood that has affected the lower 3 units of each building. Some repairs have been made but are selling the property as is in current condition. The 12 units were being remodeled at the time of the flood. there were 4 newer water heaters and 2 new tub/showers installed on units in the 2610 building and 6 new water heaters and 6 tubs/showers in the 2620 building. Only 1 unit is currently rented at this time. current rent on that unit is $1365 per month. All New doors and security doors were installed prior to flood. New flooring was also installed in some units. Owner also had new stairs and balcony entrance (deck) installed at a cost of around $80,000. All units have central Heat and Air. Each unit also has storage area. There is ample parking for 20 vehicles on paved parking area. This is a hard to find 12 unit complex so reach out today. Selling as is. Buyer to participate in a 1031 exchange at no cost to buyer. SELL
Location
State CA
County Merced
Interior
Heating Other
Cooling Central Air
Flooring Laminate
Fireplace No
Laundry Other
Building
Lot Description Paved
Water Public
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