Active

2610 N State Highway 59

Merced CA, 95348

$2,500,000


$274.85 per sqft

Active

9,096 sqft

Commercial

Built in 1970

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

CRMC23048755

MLS ID

March 24, 2023

Listed

March 16, 2024

Updated

Map

2610 N State Highway 59
Merced CA, 95348

Interior Features

Laundry Description

Other


Floor Description

Laminate


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Other

Exterior/Building Features

Lot Size

0.46 Acres


Lot Features

Paved


Roof

Other


Sewer

Public Sewer

Other Property Details

Area Name

Merced


Garage

No


Parking

Other, Private, Side By Side


View

No


County

Merced


Water Source

Public


Pool

No


Zoning

R-3-


Buyer Agency Compensation

1.5%

Listed by Ronald Scanlon with Century 21 Select Real Estate
Listing Contact: 209-383-2171 

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