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https://www.londonproperties.com/property/link/crmls/MC26078183/338-St-Michelle/Merced/https://www.londonproperties.com/images/props/crmls/full/MC26078183.jpgLondon Properties Merced Real Estate | 338 St Michelle
Listing Agent: Ryan Searcy, CB Commercial, Select Real Estate
Here is the investment property you've been waiting for! This charming duplex sits on the corner of St. Michelle and St. Phillip in a lovely neighborhood near Bear Creek. Both units are 2 bedroom/ 2 bath with a private single-car garage for each. The corner lot features beautiful landscaping and the exterior is getting a fresh coat of paint this week. The unit on the left is slightly larger and features a private patio area. Both units have been carefully maintained and it shows. Fantastic opportunity for investors or owner-occupiers!
Property Sub Type
Duplex
Year Built
1985
Year Built Source
Assessor
Special Listing Conditions
Standard
Stories Total
1
Levels
One
Number Of Buildings
1
Number Of Units Total
2
Entry Level
1
Price Per Square Foot
$223
Price Per Unit
$262,500
Days On London
0
Cumulative Days On London
0
County Or Parish
Merced
New Construction Y/N
No
Property Attached Y/N
No
Rent Control Y/N
No
Cooling Y/N
Yes
Fence Y/N
Yes
Heating Y/N
Yes
Directions
Hwy 99 to G St. exit. North on G. Left on Park, Left on St. Michelle
Room Type
All Bedrooms Down, Main Floor Primary Bedroom
Heating
Central
Cooling
Central Air
Laundry Y/N
Yes
Laundry Features
Inside, In Closet
Roof
Composition
Construction Materials
Wood Siding, Brick
Appliances Y/N
Yes
Appliances
Water Heater, Microwave, Electric Range
Interior Features
Pantry
Flooring
Carpet
Common Walls
No Common Walls
Fireplace Y/N
Yes
Fireplace Features
Living Room
Pool Features
None
Pool Private Y/N
No
Spa Y/N
No
Spa Features
None
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
1
Utilities
Sewer Connected, Electricity Connected, Water Connected
Water Source
Public
Sewer
Public Sewer
Parking Y/N
Yes
Parking Total
2.00
Parking Features
Garage
Garage Spaces
2.00
Lot Features
Corner Lot, Landscaped, Near Public Transit, 2-5 Units/Acre, Front Yard, Sprinkler System, Lawn
Lot Size Area
5982.0000
Lot Size Units
Square Feet
Elevation Units
Feet
View Y/N
Yes
View
Neighborhood
Fencing
Wood
Common Interest
None
Parcel Number
007310053000
Additional Parcels Y/N
No
Community Features
Biking, Street Lights, Storm Drains, Sidewalks
Senior Community Y/N
No
Association Y/N
No
Tenant Pays
All Utilities
Gross Income
26000.00
Operating Expense
8450.00
Land Lease Y/N
No
Insurance Expense
1000.00
Water Sewer Expense
1675.00
Trash Expense
1000.00
Maintenance Expense
1228.00
Gardener Expense
2160.00
Professional Management Expense
2612.00
Gross Scheduled Income
26000.00
Gross Income
26000.00
Total Expenses
8447.00
Net Operating Income
17550.00
Operating Expense
8450.00
Gross Income
26000.00
Net Operating Income
17550.00
Tax Lot
40
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.
