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https://www.londonproperties.com/property/link/crmls/MC25102788/121-W-25th-St/Merced/https://www.londonproperties.com/images/props/crmls/full/MC25102788.jpgLondon Properties Merced Real Estate | 121 W 25th St
Listing Agent: Rick Osorio, Century 21 Select Real Estate
Excellent income opportunity in an established neighborhood! Features two units, with Unit one being 3 bed 1 bath currently tenant-occupied at $2,000/month plus utilities. The second unit is vacant and ready for occupancy, with potential rent of $1,200/month. Add your own appliances and start generating immediate cash flow! Property offers a strong 8% cap rate and even more upside with room to add an ADU (buyer to verify). Whether you're an investor or owner-occupant, take advantage of available seller concessions and unlock the full potential of this value-add property. Don't miss this rare find with built-in income and expansion options! Located in the heart of the historical old town Merced, with tree-lined streets and close to downtown. Please call for an appointment; do not disturb tenants.
Property Sub Type
Single Family Residence
Year Built
1940
Year Built Source
Assessor
Special Listing Conditions
Standard
Stories Total
1
Number Of Buildings
2
Number Of Units Total
2
Entry Level
1
Entry Location
front
Price Per Square Foot
$207
Price Per Unit
$217,500
Days On Market
242
Cumulative Days On Market
242
County Or Parish
Merced
New Construction Y/N
No
Property Attached Y/N
No
Rent Control Y/N
No
Directions
From 99 go east on G Street to West on 25th, one block on the right
Laundry Y/N
Yes
Laundry Features
See Remarks
Common Walls
No Common Walls
Pool Features
None
Pool Private Y/N
No
Average Studio Area Units
Square Feet
Average 1 Bed Area Units
Square Feet
Average 2 Bed Area Units
Square Feet
Average 3 Bed Area Units
Square Feet
Number Of Separate Electric Meters
2
Number Of Separate Gas Meters
2
Number Of Separate Water Meters
2
Water Source
Public
Sewer
Public Sewer
Lot Features
2-5 Units/Acre
Lot Size Area
7500.0000
Lot Size Units
Square Feet
Elevation Units
Feet
Common Interest
None
Parcel Number
030121013000
Additional Parcels Y/N
No
Zoning
R-1-6
Community Features
Suburban
Senior Community Y/N
No
Land Lease Y/N
No
Tax Block
19
Tax Census Tract
13.02
Tax Lot
27
71109
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The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange (IDX) of the Multiple Listing Service. Real estate listings are marked with the IDX logo and detailed information about them includes the name of the listing broker and the name of the listing agent. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.
