617 W Santa Fe Avenue

    Merced, CA 95340
    • $840,000
    • STATUS: Active
    • ON SITE: 195 days
    • ID#: MC17269516
    Price Reduced
    UPDATED: 58 min ago
    $840,000
    • 0
      BEDS
    • 0.34
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,000
      SQFT
    • $140
      $/SQFT
    Type:
    Multi-Family
    Built:
    1980
    County:

    School Ratings & Info

    Description

    Two single story ten unit buildings, walking distance to Police Department, Courthouse, Applegate Park, Schools. Convenient Bus StopFully occupied.All units have one bedroom, bathroom, kitchen, dining area, electric stove/range, dishwasher, disposal, central HVAC.Laundry room on siteComplex has been running full for several years. The last unit rented in April $ 685, lots of upside moving all tenants to current rent. Current rent roll is $ 6,450 a monthUp to 20% available as a seller carry second

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-19T09:27:35.127. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.pismohomes.com/homes/79177130

    617 W Santa Fe Avenue Merced, CA 95340

    • Price: $840,000
    • Status: Active
    • Updated: 58 min ago
    • ID#: MC17269516
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.34
    Acres
    6,000
    SQFT
    $140
    $/SQFT
    1980
    Built
    County:
    Merced
    Property Description
    Two single story ten unit buildings, walking distance to Police Department, Courthouse, Applegate Park, Schools. Convenient Bus StopFully occupied.All units have one bedroom, bathroom, kitchen, dining area, electric stove/range, dishwasher, disposal, central HVAC.Laundry room on siteComplex has been running full for several years. The last unit rented in April $ 685, lots of upside moving all tenants to current rent. Current rent roll is $ 6,450 a monthUp to 20% available as a seller carry second
    Exterior Features

    Garage Spaces 0.00 Lot Features Corners EstablishedLot 10000-19999 Sqft Lot Size Source Assessor Lot Size Units Square Feet Parking Features Assigned Parking Total 0.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area 600 Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Cooling Central Cooling YN Yes Fireplace Features BathDining RoomFamily RoomKitchen Fireplace YN Yes Heating Central FurnaceNatural Gas Heating YN Yes Laundry Features Community Levels One

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Suburban Country Us Electric Expense 1000.00 Elevation Units Feet Gardener Expense 1260.00 Gross Income 72000.00 Gross Scheduled Income 82000.00 Insurance Expense 4000.00 Land Lease YN No Laundry YN Yes Net Operating Income 40000.00 New Taxes Expense 9000.00 Number Of Separate Electric Meters 10 Number Of Separate Gas Meters 10 Number Of Separate Water Meters 1 Number Of Units Leased 10 Number With Carpet 10 Number With Dishwasher 10 Number With Disposal 10 Number With Range 10 Number With Refrigerator 10 Operating Expense 32000.00 Pest Control Expense 880.00 Present Loans 0 Professional Management Expense 3000.00 Rent Control YN No Senior Community YN No Special Listing Conditions Standard Tenant Pays Cable TvElectricityGasTelephone Total Actual Rent 6000.00 Total Expenses 40000.00 Trash Expense 2800.00 Utilities Phone AvailableSewer ConnectedWater Connected Water Sewer Expense 4000.00 Water Source Public Year Built Source Estimated Zoning R-3-1.5

    Listing provided courtesy of Mark Yandow of Yandow Realty Group.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-19T09:27:35.127. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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