2324 Q Street

    Merced, CA 95340
    • $188,000
    • STATUS: Active
    • ON SITE: 54 days
    • ID#: MC19203425
    UPDATED: 46 min ago
    $188,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,400
      SQFT
    • $78
      $/SQFT
    Type:
    Multi-Family
    Built:
    1980
    County:

    School Ratings & Info

    Description

    Oct 10th MLS is accurate. Offers are subject to inspection. Lowest price income property in Merced. Good duplex in a residential area to add to your portfolio. This duplex has two stories, the housing units are upstairs with garages and storage areas below. Each unit has one bedroom, one bathroom, kitchen, wall ACs in living room and bedroom, wall gas heat. Below the apartment each tenant has a small one car garage plus an additional space the size of a car. In addition, there is a four vehicle carport. Privacy fence around back yard.Both tenants ($600 and $675) have been in place many years, there is immediate upside in rents to the $ 750-800 range. GREAT INVESTMENT OPPORTUNITY IN THE COUNTY SEAT: UC MERCED AND FUTURE HIGH-SPEED RAIL. GET IN ON THE GROUND FLOOR ON ONE OF THE FASTEST GROWING COMMUNITIES IN CALIFORNIA. Easy access to the Merced Mall, Merced Applegate Park, Zoo and Children Kiddy Land with fun rides, public transportation, medical offices, restaurants, UC Merced, fishing, boating, and the miles of bike and walking path along beautiful Bear Creek. Charming tree lined neighborhood with established residence.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-18T23:37:29.343. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
    www.teamforss.com/homes/98292827

    2324 Q Street Merced, CA 95340

    • Price: $188,000
    • Status: Active
    • Updated: 46 min ago
    • ID#: MC19203425
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    2,400
    SQFT
    $78
    $/SQFT
    1980
    Built
    County:
    Merced
    Property Description
    Oct 10th MLS is accurate. Offers are subject to inspection. Lowest price income property in Merced. Good duplex in a residential area to add to your portfolio. This duplex has two stories, the housing units are upstairs with garages and storage areas below. Each unit has one bedroom, one bathroom, kitchen, wall ACs in living room and bedroom, wall gas heat. Below the apartment each tenant has a small one car garage plus an additional space the size of a car. In addition, there is a four vehicle carport. Privacy fence around back yard.Both tenants ($600 and $675) have been in place many years, there is immediate upside in rents to the $ 750-800 range. GREAT INVESTMENT OPPORTUNITY IN THE COUNTY SEAT: UC MERCED AND FUTURE HIGH-SPEED RAIL. GET IN ON THE GROUND FLOOR ON ONE OF THE FASTEST GROWING COMMUNITIES IN CALIFORNIA. Easy access to the Merced Mall, Merced Applegate Park, Zoo and Children Kiddy Land with fun rides, public transportation, medical offices, restaurants, UC Merced, fishing, boating, and the miles of bike and walking path along beautiful Bear Creek. Charming tree lined neighborhood with established residence.
    Exterior Features

    Garage Spaces 2.00 Lot Features Back YardLevelNear Public Transit Lot Size Units Square Feet Parking Total 2.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Appliances Gas OvenGas RangeGas Cooktop Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area 600 Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring CarpetTile Heating Wall Furnace Heating YN Yes Laundry Features CommunityIn Garage Levels One Room Type All Bedrooms Up

    Property Features

    Additional Parcels Description 035-140-063 Additional Parcels YN Yes Building Area Units Square Feet Community Features Urban Country Us Electric 220 Volts in Garage Electric Expense 20.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 1200.00 Gross Income 14500.00 Gross Scheduled Income 14500.00 Insurance Expense 1500.00 Land Lease YN No Laundry YN Yes Net Operating Income 6500.00 New Construction YN No New Taxes Expense 2000.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 8 Number With Carpet 2 Number With Range 2 Number With Refrigerator 2 Operating Expense 8000.00 Professional Management Expense 1200.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Total Expenses 8000.00 Trash Expense 300.00 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer Connected Water Sewer Expense 2000.00 Water Source Public Year Built Source Estimated Zoning R-1-6

    Listing provided courtesy of Mark Yandow of Yandow Realty Group


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-18T23:37:29.343. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
     
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