Excellent income opportunity in an established neighborhood! Features two units, with Unit one being 3 bed 1 bath currently tenant-occupied at $2,000/month plus utilities. The second unit is vacant and ready for occupancy, with potential rent of $1,200/month. Add your own appliances and start generating immediate cash flow! Property offers a strong 8% cap rate and even more upside with room to add an ADU (buyer to verify). Whether you're an investor or owner-occupant, take advantage of available seller concessions and unlock the full potential of this value-add property. Don't miss this rare find with built-in income and expansion options! Located in the heart of the historical old town Merced, with tree-lined streets and close to downtown. Please call for an appointment; do not disturb tenants.
For sale
Listing Provided by:
Rick Osorio DRE #01295751 209-777-9922,
Century 21 Select Real Estate
$435,000
121 W 25th St, Merced, CA 95340
--beds
--baths
2,106sqft
Est.:
Multi Family
Built in 1940
-- sqft lot
$-- Zestimate®
$207/sqft
$-- HOA
What's special
- 91 days
- on Zillow |
- 327 |
- 5 |
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