Merced, CA 95340 244 W 19th Street
$635,000
Presented By: Seth Medefind with London Properties Ltd - Merced; 209-676-0889
- MLS# MC24215977
- 10/17/2024
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 2
Baths • 1
SQFT • 4,522
Home Details
Check out this investment opportunity in downtown Merced! Live in one unit and rent out the other three or rent out all four! Three of the four units are 2 bedroom and 2.5 bath. These units have the living room, kitchen and half bath located downstairs and two bedrooms and two full bathrooms upstairs. The one additional unit is a single story 2 bedrooms and 1 bath. Each unit has its own parking spot, central air condition as well as central heating and a fireplace! Units will come equipped with an oven and dishwasher. The high occupancy rate and high return on investment makes this property a great addition for investors. Located near the revitalized and growing downtown Merced, this property is sure to see its value continue to appreciate. Don’t miss out on adding this fourplex to your portfolio!
Presented By: Seth Medefind with London Properties Ltd - Merced; 209-676-0889
Interior Features for 244 W 19th Street
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesWoodBurning
Fireplace Y/NYes
Heating Y/NYes
Laundry FeaturesNone
Total Stories2
Other Rooms
Entry Level1
General for 244 W 19th Street
Additional Parcels Y/NNo
AppliancesDishwasher, GasOven
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityMerced
Community FeaturesUrban
CoolingCentralAir
CountyMerced
DirectionsFrom G Street turn West on 19th Street. Property is on the left.
Electric On Property Y/NNo
Entry LocationFront
Garage Spaces0.0
Garage Y/NNo
Gross Income46560.0
HOANo
HeatingCentral
Home Warranty Y/NNo
Insurance Expense3600.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, Conventional, Exchange1031, Submit
Lot Size Square Feet7500.0
Lot Size UnitsSquareFeet
MobileHomeRemainsYNNo
Net Operating Income35034.0
New ConstructionNo
Number Of Units Total4
Open Parking Spaces4.0
Operating Expense11526.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot6
Taxes$2,526
Trash Expense0.0
UtilitiesNaturalGasAvailable, SewerConnected, WaterConnected
ViewCourtyard
Water Sewer Expense5400.0
Waterfront Y/NNo
Year Built1986
Year Built SourcePublicRecords
ZoningR-4
Exterior for 244 W 19th Street
Building Area Total4522.0
Crops Included Y/NNo
Exterior AmenitiesRainGutters
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesRectangularLot
Lot Size Acres0.1722
Lot Size Area7500.0
Lot Size SourcePublicRecords
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesAsphalt
Private PoolNo
Road Frontage TypeAlley, CityStreet
Road Surface TypePaved
SpaNo
Total Parking4.0
Water SourcePublic
Additional Details
Price History
Hal Schlegel
Broker Associate