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https://www.londonproperties.com/property/link/crmls/MC26056666/3360-R/Merced/https://www.londonproperties.com/images/props/crmls/full/MC26056666.jpgLondon Properties Merced Real Estate | 3360 R
Stop dreaming of passive income and start collecting it with this rare North Merced four-plex! Whether you're a savvy investor or a first-time buyer looking to house hack your way to financial freedom, this property is the ultimate ''choose your own adventure'' asset. Each of the four units is a spacious 959 sq ft ''roommate's dream,'' featuring 2 bedrooms and 2 full bathrooms, plus its own dedicated parking stall and storage unit. The layout is anchored by a central courtyard, but the real magic is just outside your front door: you are directly across the street from Fahrens Park and its miles of scenic walking and bike paths. With Target, the Merced Mall, and the UC Merced Shuttle all within easy reach, your tenant pool is practically built-in. This is a prime upside opportunity in a high-demand location-don't let the next owner be the one bragging about the cash flow you missed out on!
Property Sub Type
Quadruplex
Year Built
1982
Year Built Source
Public Records
Special Listing Conditions
Standard
Stories Total
2
Levels
Two
Number Of Buildings
1
Number Of Units Total
4
Entry Level
1
Price Per Square Foot
$143
Price Per Unit
$137,500
Days On London
0
Cumulative Days On London
0
County Or Parish
Merced
New Construction Y/N
No
Property Attached Y/N
Yes
Rent Control Y/N
No
Cooling Y/N
Yes
Fence Y/N
Yes
Heating Y/N
Yes
Directions
Head north or R street towards from Yosemite, turn right on Buena Vista, Right on San Mateo Ct. 4 Plex is on the right side off of coldasac.
Disclosures
CC And R's
Heating
Central
Cooling
Central Air
Laundry Y/N
Yes
Laundry Features
Community, Washer Hookup
Roof
Shingle
Common Walls
2+ Common Walls
Fireplace Y/N
No
Fireplace Features
None
Pool Features
None
Pool Private Y/N
No
Average Studio Area
959
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
4
Number Of Separate Gas Meters
4
Number Of Separate Water Meters
4
Utilities
Sewer Connected, Water Connected
Water Source
Public
Sewer
Public Sewer
Parking Y/N
Yes
Parking Total
4.00
Parking Features
Assigned, Carport, Attached Carport
Carport Spaces
4.00
Lot Features
Cul-De-Sac
Lot Size Area
8279.0000
Lot Size Units
Square Feet
Elevation Units
Feet
Fencing
Wood
Common Interest
None
Parcel Number
236130003000
Additional Parcels Y/N
No
Community Features
Park
Senior Community Y/N
No
Association Y/N
No
Number Of Units Leased
2
Tenant Pays
Telephone, Cable TV, Electricity
Gross Income
58740.00
Operating Expense
5916.00
Total Actual Rent
2395.00
Land Lease Y/N
No
Assessments
Unknown
Insurance Expense
3973.00
Water Sewer Expense
4356.00
Trash Expense
1560.00
Professional Management Expense
4116.00
Gross Scheduled Income
58740.00
Gross Income
58740.00
Total Expenses
14005.00
Net Operating Income
52824.00
Operating Expense
5916.00
Gross Income
58740.00
Net Operating Income
52824.00
Tax Lot
50
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.
