807 W 19th Street

    Merced, CA 95340
    • $449,000
    • STATUS: Active
    • ON SITE: 67 days
    • ID#: MC18192692
    UPDATED: 59 min ago
    $449,000
    • 0
      BEDS
    • 0.34
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,842
      SQFT
    • $77
      $/SQFT
    Type:
    Multi-Family
    Built:
    1920
    County:

    School Ratings & Info

    Description

    Great opportunity to invest in a nice quiet area of Downtown Merced! The property currently generates $2,900 per month in gross income.6 units composed of: 1911 O St - 3 bed 2 bath, 1921 O St - 1 bed 1 bath, 1923 O St - 1 bed 1 bath, 807 W 19th #2 - 1 bed 1 bath, 807 W 19th #3 - Studio, 807 W 19th #4 - Studio. Rents are currently below market which creates great upside potential with this investment.Very close proximity to restaurants, theaters and other downtown entertainment. Neighboring properties are professional offices as well as single family and multifamily residences.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-10-16T23:27:26.377. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.pismohomes.com/homes/86465825

    807 W 19th Street Merced, CA 95340

    • Price: $449,000
    • Status: Active
    • Updated: 59 min ago
    • ID#: MC18192692
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.34
    Acres
    5,842
    SQFT
    $77
    $/SQFT
    1920
    Built
    County:
    Merced
    Property Description
    Great opportunity to invest in a nice quiet area of Downtown Merced! The property currently generates $2,900 per month in gross income.6 units composed of: 1911 O St - 3 bed 2 bath, 1921 O St - 1 bed 1 bath, 1923 O St - 1 bed 1 bath, 807 W 19th #2 - 1 bed 1 bath, 807 W 19th #3 - Studio, 807 W 19th #4 - Studio. Rents are currently below market which creates great upside potential with this investment.Very close proximity to restaurants, theaters and other downtown entertainment. Neighboring properties are professional offices as well as single family and multifamily residences.
    Exterior Features

    Garage Spaces 5.00 Lot Features Front Yard Lot Size Source Assessor Lot Size Units Square Feet Parking Total 5.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area 432 Average Studio Area Units Square Feet Average1 Bed Area 447 Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area 1714 Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features Inside

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Sidewalks Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Garage Income 1200.00 Gardener Expense 1200.00 Gross Income 1200.00 Gross Scheduled Income 36120.00 Insurance Expense 3389.00 Land Lease YN No Laundry YN Yes Net Operating Income 21631.00 New Taxes Expense 4500.00 Number Of Separate Electric Meters 6 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 1 Operating Expense 14489.00 Pest Control Expense 1200.00 Professional Management Expense 0.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 14489.00 Trash Expense 0.00 Water Sewer Expense 4200.00 Water Source Public Year Built Source Appraiser Zoning C-O

    Listing provided courtesy of Jacob Morgner of Tinetti Realty Group.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-10-16T23:27:26.377. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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