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2610 State Hwy 59, Merced, CA, 95348

2610 State Hwy 59, Merced, CA, 95348 < >
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for sale
$2,500,000
Lot Size:0.46 Acres
Year Built:1970
Status:Active
MLS #:MC23048755
Date Updated:
For information contact:
Tinetti Realty Group
209-384-3885
Get More Information
Go See This Property
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 comple

 
Interior Details
Fireplace Features: NoneFlooring: Laminate

Exterior Details
Garage Spaces: 0.00Lot Features: 0-1 Unit/Acre, Paved, Utilities - Overhead
Lot Size Acres: 0.4588Number Of Buildings: 2
Number Of Units Total: 12Parking Features: Driveway, Paved, Parking Space, Private, Side by Side
Parking Total: 0.00Pool Features: None
Roof: Composition

Community Information
County Or Parish: MercedDirections: W on Olive, Left on N State Highway 59
Parcel Number: 058140010000Zoning: R-3-1.5

Property Information From MLS Data
Year Built: 1970

Utilities
Cooling: Central AirHeating: Central
Utilities: Cable AvailableWater Source: Public

Listing Information Courtesy of:
List Agent First Name: Ronald
List Agen tLast Name: Scanlon
List Office Name: Century 21 Select Real Estate

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Monthly Payment for 2610 State Hwy 59
This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.
Price:$2,500,000
Down Payment:
Loan Amount:$2,000,000
Loan Type:30 year fixed at %
Principal & Interest:
Property Taxes: (1.5%)
Homeowner's Insurance:
Total Payment:
Listing courtesy of Ronald Scanlon, Century 21 Select Real Estate
Information obtained from CACRMLS is current as of 4/28/2024 5:58 PM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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