2320 K St, Merced, CA 95340

Historic Charm Meets High-Value Potential. This 2-bedroom, 1-bathroom historical residence, built in 1900, presents an exceptional opportunity for a savvy investor. While the property requires a full, comprehensive remodel, its prime location and unique attributes guarantee a high return on investment once renovation is complete. This is a chance to restore a piece of Merced's history and capitalize on its future. The property boasts an outstanding, high-demand location directly across the street from the Amtrak Train Station and is within easy walking distance to Downtown Merced. This positioning is absolutely ideal for a short-term rental conversion. The highest and best use for this property is a conversion into an Air B&B (or similar hospitality venture), offering immediate access to travelers arriving by rail and those looking to explore the burgeoning downtown area. Beyond the main structure, the large lot and existing features allow for significant value addition. The external garage can be converted into an Accessory Dwelling Unit (ADU), providing a secondary source of rental income or expanded guest capacity for the B&B. The generous lot size offers flexibility for creative outdoor development, potential parking solutions, or further structural additions (subject to local zoning and permitting). This is a rare chance to acquire a historically significant property with a clear path to maximizing its income-producing potential.