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https://www.londonproperties.com/property/link/crmls/MC25260454/2400-K/Merced/https://www.londonproperties.com/images/props/crmls/full/MC25260454.jpgLondon Properties Merced Real Estate | 2400 K
14 unit apartment complex. Possible rents are the following 2 one bedroom one bath units rent for $1050. There are 4 two bedroom one bath units rent for $1300 there are 8 three bedroom one bath units rents for $1400 all units have their own laundry rooms. Complex is downtown across from Amtrak station and a easy walk to shopping and schools.
Property Sub Type
Commercial/Residential
Year Built
1950
Year Built Source
See Remarks
Special Listing Conditions
Standard
Stories Total
1
Number Of Buildings
7
Number Of Units Total
14
Entry Level
1
Price Per Unit
$171,429
Days On Market
34
Cumulative Days On Market
34
County Or Parish
Merced
New Construction Y/N
No
Property Attached Y/N
No
Rent Control Y/N
No
Directions
K st across from Amtrak
Laundry Y/N
Yes
Laundry Features
Individual Room
Common Walls
No Common Walls
Pool Features
None
Pool Private Y/N
No
Average Studio Area Units
Square Feet
Average 1 Bed Area
600
Average 1 Bed Area Units
Square Feet
Average 2 Bed Area
700
Average 2 Bed Area Units
Square Feet
Average 3 Bed Area
850
Average 3 Bed Area Units
Square Feet
Number Of Separate Electric Meters
14
Number Of Separate Gas Meters
14
Number Of Separate Water Meters
1
Water Source
Public
Sewer
Public Sewer
Lot Features
Lot Over 40000 Sqft
Lot Size Area
43560.0000
Lot Size Units
Square Feet
Elevation Units
Feet
Common Interest
None
Parcel Number
030112011000
Additional Parcels Y/N
No
Community Features
Sidewalks, Street Lights
Senior Community Y/N
No
Number Of Units Leased
14
Gross Income
171047.00
Operating Expense
14693.00
Total Actual Rent
199740.00
Land Lease Y/N
No
Insurance Expense
14000.00
Water Sewer Expense
10194.00
Trash Expense
10194.00
Gross Scheduled Income
199740.00
Gross Income
171047.00
Total Expenses
47382.00
Net Operating Income
171047.00
Operating Expense
14693.00
Gross Income
171047.00
Net Operating Income
171047.00
Tax Block
40
Tax Lot
17
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.
