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Listed by Armando Diaz • Soldavi Inc.
$1,499,999
Est. payment /mo
0.37 Acres Lot
Active
3150 3158 College AVE Merced, CA 95340
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRMC25181024
Year Built 1965
Lot Size 0.372 Acres
Source California Regional MLS
Property Description
TWO 4-UNIT APARTMENT COMPLEXES WITH GARAGES SOLD TOGETHER Outstanding investment opportunity in Merced. This package includes two separate 4 unit buildings on individual APNs, for a total of 8 units. Each unit is a 2 bedroom, 1 bath floor plan with approximately 700 square feet of living space and private garages, a rare and desirable feature for tenants. Six of the eight units have been tastefully remodeled, featuring laminate flooring, fresh interior paint, granite countertops, updated fixtures, and either standing showers or tub and shower combinations, offering modern comfort and appeal. The properties are well maintained with strong rental history, stable occupancy, and low maintenance construction. Located near shopping, schools, dining, and public transit, just minutes from UC Merced and downtown. This is a great opportunity with strong cash flow and long term appreciation potential in a growing market with high tenant demand. Do not miss this chance to own a solid multifamily investment in a prime Merced location.
Location
State CA
County Merced
Rooms
Kitchen Dishwasher, Oven Range - Electric, Refrigerator
Interior
Heating Central Forced Air
Cooling Central AC
Flooring Laminate
Laundry In Garage
Exterior
Parking Features Assigned Spaces
Garage Spaces 8.0
Pool None
Roof Type Composition
Building
Foundation Concrete Slab
Water District - Public
Others
Tax ID 006122018000
Special Listing Condition Not Applicable
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