Eight units on one parcel 941-979 Barney, 5 units are 1 bedroom 1 bath 600 sq ft, and rent for $1,100 a month, 3 units are 2 bedroom 1 bath and rent for $1200. There is an additional 5 units available 981-1003 Barney all 1 bedroom 1 bath. Purchase 8 units or purchase both parcels for 13 units total. Roofs have been replaced over the last five years, exterior has been painted also within the last 5 years. All units have window/wall heating and air conditioning, low maintenance. No central air or heating or cooling. Each unit has it's own gas and electric meters. Owner pays water sewer garbage about $93 each unit.
Property Sub Type
Apartment
Year Built
1950
Year Built Source
Public Records
Special Listing Conditions
Standard
Stories Total
1
Number Of Buildings
3
Number Of Units Total
8
Entry Level
1
Price Per Square Foot
$175
Price Per Unit
$105,000
Days On London
11
Cumulative Days On London
21
County Or Parish
Merced
New Construction Y/N
No
Property Attached Y/N
Yes
Rent Control Y/N
No
Cooling Y/N
Yes
Heating Y/N
Yes
Directions
East 23rd to Willow to Barney
Heating
Heat Pump, Wall Furnace
Cooling
Gas, Wall/Window Unit(s), Heat Pump
Laundry Y/N
Yes
Laundry Features
Common Area
Common Walls
2+ Common Walls
Fireplace Y/N
No
Fireplace Features
None
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 Units
Square Feet
Average 3 Bed Area Units
Square Feet
Number Of Separate Electric Meters
8
Number Of Separate Gas Meters
8
Water Source
Public
Sewer
Public Sewer
Lot Features
2-5 Units/Acre
Lot Size Area
25217.0000
Lot Size Units
Square Feet
Elevation Units
Feet
Common Interest
None
Parcel Number
034041031000
Additional Parcels Y/N
No
Community Features
Street Lights, Sidewalks
Senior Community Y/N
No
Association Y/N
No
Gross Income
96000.00
Operating Expense
13312.00
Land Lease Y/N
No
Insurance Expense
4000.00
Water Sewer Expense
1644.00
Trash Expense
1068.00
Professional Management Expense
6600.00
Gross Scheduled Income
96000.00
Gross Income
96000.00
Total Expenses
13312.00
Net Operating Income
88768.00
Operating Expense
13312.00
Gross Income
96000.00
Net Operating Income
88768.00
Tax Lot
4
71109
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