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

Features
: Other
: Central Air
: Laminate
: Other
: Paved
: Other, Private, Side By Side
: Other
Address Map
CA
Merced
Merced
95348
2610 N State Highway 59
0
W121° 29' 43.6''
N37° 18' 43.3''
W on Olive, Left on N State Hig
MLS Addon
Century 21 Select Real Estate
Ronald Scanlon
Rscanlon@c21selectgroup.com
CR7873819
CR109140
: Other
: Public

Commercial Sale For Sale

2610 N State Highway 59, Merced, California 95348

9,096 Sqft
$2,500,000
Listing ID #CRMC23048755
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : CRMC23048755
Price : $2,500,000
Square Footage : 9,096 Sqft
Year Built : 1970
Lot Area : 19,985 Sqft
Status : Active
Property SubType : Other
Agent info
Michael Roberts
Contact Agent