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2456 Glen AVE Merced, CA 95340
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Key Details
Sold Price $5,720,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 36,000 sqft
Price per Sqft $158
MLS Listing ID PW22108009
Sold Date 08/08/22
HOA Y/N No
Year Built 1964
Lot Size 3.500 Acres
Acres 3.5
Property Description
What a Fabulous opportunity to own 44 Units Apartment in Merced!!This complex has been 100% occupied and have waiting list for renters. All Units are single story giving a feeling of single family homes to all the occupants. There is a separate Laundry facility with Brand New Equipments offering 5 Washers and 5 Dryers. This Amazing Complex is located on sprawling 3.5 acres with plenty of parking, fenced Pool and large open spaces for tenants to enjoy. It is very close to Schools, Shopping, Freeway and a Short distance to UC MERCED. Large land also offer possibility of additional units. All the Buildings were painted outside in less than last 60 days and some roofs were replaced as well.
Sellers have gone through quite a bit of work in last 12 months.
Current rents are extremely low compared to market rents.
Location
State CA
County Merced
Zoning R-4
Rooms
Other Rooms All Bedrooms Down
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet, Laminate, Tile
Laundry Common Area
Exterior
Parking Features Driveway, Paved
Pool Community, In Ground
Community Features Sidewalks, Street Lights
Utilities Available Cable Available, Electricity Connected, Sewer Connected
Roof Type Composition
Private Pool No
Building
Lot Description Lot Over 40000 Sqft, Sprinkler System
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Special Listing Condition Standard
Lease Land No
Confidential INFO
BAC 2.0
TERMS Conventional
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
SHOW CONTACT TYPE See Remarks
SHOW INSTRUCTIONS PLEASE only drive by after talking to Listing Agent...
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Bought with RE/MAX ESTATE PROPERTIES