Rare multi-family investment opportunity with seller-provided plans available to subdivide each property (Message listing agent for plans), allowing each home to be individually owned and sold a valuable opportunity that will transfer to the new owner. Situated on just shy of 2.5 acres, this property features six separate units, each with its own address and separately metered utilities, including one 4-bedroom, 1-bath unit, three 3-bedroom, 1-bath units, one 2-bedroom, 1-bath unit, and one 1-bedroom, 1-bath unit. Offering a unique blend of immediate income and future upside, three units are currently occupied by long-term month-to-month tenants, while the remaining three vacant units provide the flexibility to renovate, reposition, or lease at current market rents. This is an opportunity that opens the door to multiple investment strategies whether that’s creating long-term rental cash flow, executing a value-add resale plan, or building out a diversified portfolio with exit flexibility already in place. Properties with this level of versatility, land size, and future potential are rarely available.
| MLS # | MC26099037 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1942 |
| Days On Site | 110 |
| Listing Provided By | Keller Williams Property Team | Marcus Rodriguez |
| SQ Feet | 5,000 |
|---|---|
| Story(s) | 1 |
| Units | 6 |
| Building(s) | 6 |
| Acreage | 2.30 |
| Lot Features | Back Yard |
|---|
| Garage Yes / No | No |
|---|
| Sewer | Public Sewer |
|---|
| Community Features | Street Lights |
|---|
| State | CA |
|---|---|
| County | Merced |
| City | Merced |
| Zip Code | 95341 |
| Listing VS Median (in 95341) | |
Price: $989,000 low | high Med: $630,000 sqft: 5,000 low | high Med: 3,180 $ / sqft: $198 low | high Med: $199 On site: 110 low | high Med: 58 | |
| State | CA |
|---|---|
| County | Merced |
| City | Merced |
| Zip Code | 95341 |
| Listing VS Median (in 95341) | |
Price: $989,000 low | high Med: $630,000 sqft: 5,000 low | high Med: 3,180 $ / sqft: $198 low | high Med: $199 On site: 110 low | high Med: 58 | |