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$458,000
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Property Description
Are you searching for your next great multifamily investment in Merced? Look no further. This well-maintained four-unit property offers tremendous potential for a fantastic possibility. Conveniently tucked away, this property has consistently attracted excellent tenants, including several long-term residents. With the opportunity to increase rents, this investment offers a strong potential cap rate. Call me for more information today!
Full Property Details
Full Property Details for 1206 U St
General
- Sold For: $458,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: MC24158649
- Added to Site: 535 day(s) ago
Interior
- Fireplace(s): None
Rooms
Other Rooms
- Laundry: Individual Room
Additional Information
- Pool Description: None
Location
- County: Merced
- Driving Directions: West on 16th St, Left on V St, Left on 12th St and left on U St, Property is on the right
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Entry Location: Front
- Square Feet: 2,088
- Year Built: 1960
Lot Features
- Lot Size (Acres): 0.1722
- Lot Size Source: Assessor
- Zoning: R-3-1.5
- Lot Description: Lot 6500-9999
Financial Considerations
- Price Per Sq. Ft.: $219.35
- Price Per Unit: 125000
Listed by BHGRE Everything Real Estate, Eric Jaurique-Pouncey
Sold by Exit Realty Consultants, Jose Cibrian
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Schools
Schools serving 1206 U St
School Districts:Merced Union High School District, Merced City Elementary School District
| Name | Grades | Distance |
|---|---|---|
Leontine Gracey Elementary School 945 W. Ave., Merced, CA 95340 | K-6 | 0.4 mi |
Tenaya Middle School, Merced, CA 760 W. Eighth St., Merced, CA 95340 | 7-8 | 0.7 mi |
El Capitan High 100 W. Farmland, Merced, CA 95348 | 9-12 | 4.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1206 U St
Date
Details
Price
Change
Source
11/26/2024
Sold
$458,000
-8.4%
MLS
9/30/2024
Price Reduced
$500,000
-4.76%
MLS
8/01/2024
Listed
$525,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1206 U Street, Merced, CA 95341 (MLS# MC24158649) is a Multi-Family property that was sold at $458,000 on November 26, 2024. Want to learn more about 1206 U Street? Do you have questions about finding other Multi-Family real estate for sale in Merced? You can browse all Merced real estate or contact a Coldwell Banker agent to request more information.
