121 West 25th Street Active Save Request In-Person Tour Request Virtual Tour
Merced,CA 95340
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,106 sqft
Price per Sqft $206
MLS Listing ID MC-25102788
Year Built 1940
Lot Size 7,500 Sqft
Property Sub-Type Single Family Residence
Property Description
Excellent income opportunity in an established neighborhood! Features two units, with Unit one being 3 bed 1 bath currently tenant-occupied at $2,000/month plus utilities. The second unit is vacant and ready for occupancy, with potential rent of $1,200/month. Add your own appliances and start generating immediate cash flow! Property offers a strong 8% cap rate and even more upside with room to add an ADU (buyer to verify). Whether you're an investor or owner-occupant, take advantage of available seller concessions and unlock the full potential of this value-add property. Don't miss this rare find with built-in income and expansion options! Located in the heart of the historical old town Merced, with tree-lined streets and close to downtown. Please call for an appointment; do not disturb tenants.
Location
State CA
County Merced
Zoning R-1-6
Interior
Laundry See Remarks
Exterior
Parking Features Gated
Pool None
Community Features Suburban
Building
Lot Description 2-5 Units/Acre
Sewer Public Sewer