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https://www.londonproperties.com/property/link/metrolist/226120818/940-K-St/Merced/https://www.londonproperties.com/images/props/metrolist/full/226120818.jpgLondon Properties Merced Real Estate | 940 K St
Well-maintained 10-unit multifamily investment opportunity in an established Merced location. Built in 1979, the property consists of two buildings with five units each, offering an attractive unit mix of all 2-bedroom, 1.5-bath, two-level townhome-style units. Features include newer HVAC units and a wrought-iron privacy gate providing controlled access to the property. The property has an excellent rental history and offers a desirable combination of functional floor plans, townhouse-style living, onsite laundry, storage units and established tenant demand. Conveniently located directly across from McNamara Community Park and soccer fields, and just minutes from the Merced County Fairgrounds, Highway 99 and Highway 59. An excellent opportunity for an investor seeking a well-located multifamily property with a proven rental history.
Property Type
Residential Income
Property Subtype 1
5 or More Units
Subtype Description
Apartments
Year Built
1979
Year Built Source
Assessor Auto-Fill
Stories
2
# of Buildings
2
Total Units
10
# of Floors
2
Directions to Property
From Martin Luther King Jr. Way, turn onto W 11th St, turn left on K St.
Cross Street
11th Street
County
Merced
Special Listing Conditions
None
Construction Materials
See Remarks
Foundation
Slab
Heating
Central
Cooling
Central
Laundry Features
In Common Area
Flooring
Carpet
Total Units
10
# of 2 Bedroom Units
10
Unit 1 Type
Apartment
Unit 1 # of Rooms
2
Unit 1 Bedrooms
2
Unit 1 Full Baths
1
Utilities
City
Irrigation
Public District
Water Source
Public
Sewer
Public Sewer
Parking Features
Open
Total Parking Spaces
10.00
Lot Features
Shape Regular
APN
032 072 008 000
Zoning Description
R-3-1.5
List AOR
MetroList Services, Inc.
Association
No
School District (County)
Merced
Elementary School District
Merced City
Middle or Junior School District
Merced City
Senior High School District
Merced Union High
Income Includes
Laundry
Census Tract
16.01
71109
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Courtesy of Ernesto Ochoa, Keller Williams Merced IDX provided by Reliance Marketing
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.