2610 N State Highway 59, Merced, CA

$2,500,000

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0.46

Acres

About 2610 N State Highway 59

Are you looking for a multi-unit complex with all kinds of potential, well you can stop your search right here. This is a 12 unit complex, 2 buildings with 6 units in each. The units are almost 760 sq feet per unit. All units are 2 bed one bath. The total building space is 9507 sq ft. Each building has its on coin operated laundry, 2 in all. There has been a recent flood that has affected the lower 3 units of each building. Some repairs have been made but are selling the property as is in current condition. The 12 units were being remodeled at the time of the flood. there were 4 newer water heaters and 2 new tub/showers installed on units in the 2610 building and 6 new water heaters and 6 tubs/showers in the 2620 building. Only 1 unit is currently rented at this time. current rent on that unit is $1365 per month. All New doors and security doors were installed prior to flood. New flooring was also installed in some units. Owner also had new stairs and balcony entrance (deck) installed at a cost of around $80,000. All units have central Heat and Air. Each unit also has storage area. There is ample parking for 20 vehicles on paved parking area. This is a hard to find 12 unit complex so reach out today.SELLER WILL CONSIDER TRADE OF PROPERTIES. ***Updated Photos***

Features of 2610 N State Highway 59

MLS® # 223024085
Price $2,500,000
Acres 0.46
Type Residential Income
Sub-Type 5 or More Units
Status Active

Community Information

Address 2610 N State Highway 59
Area Merced Central
City Merced
County Merced
State CA
Zip Code 95348-4342

Amenities

Parking Spaces 20
Parking Off Street, Open, Side-by-Side
Has Pool No

Interior

Interior Laminate
Heating Central
Cooling Central
Fireplace No

Exterior

Lot Description Other
Foundation See Remarks

School Information

Attendance Zone LUTHER BURBANK ELEMENTARY SCHOOL, TENAYA MIDDLE SCHOOL, MERCED HIGH SCHOOL
District Merced
Elementary Merced City
Middle Merced City
High Merced Union High

Additional Information

Zoning R-3-1.5

Listing Details

OfficeCentury 21 Select Real Estate

Listing Map

Listing Schools/Amenities

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