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$ 1,250,000
Est. payment | /mo
8 Beds
4 Baths
2.3 Acres Lot
$ 1,250,000
Est. payment | /mo
8 Beds
4 Baths
2.3 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID MC26099037
Bedrooms 8
Lot Size 2.300 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Rare multi-family investment opportunity with seller-provided plans available to subdivide each property, allowing each home to be individually owned and sold a valuable opportunity that will transfer to the new owner. Situated on just shy of 2.5 acres, this property features six separate units, each with its own address and separately metered utilities, including one 4-bedroom, 1-bath unit, three 3-bedroom, 1-bath units, one 2-bedroom, 1-bath unit, and one 1-bedroom, 1-bath unit. Offering a unique blend of immediate income and future upside, three units are currently occupied by long-term month-to-month tenants, while the remaining three vacant units provide the flexibility to renovate, reposition, or lease at current market rents. This is an opportunity that opens the door to multiple investment strategies whether thats creating long-term rental cash flow, executing a value-add resale plan, or building out a diversified portfolio with exit flexibility already in place. Properties with this level of versatility, land size, and future potential are rarely available.
Location
State CA
County Merced
Zoning Assessor
Direction left onto Yosemite Pkwy; Left onto Kelly Ave; Right onto Baker
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 061310011000
Listed by Marcus Rodriguez, DRE#02005100 Keller Williams Property Team
NEARBY SCHOOL & BUSINESS
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