1961 Kelly Avenue
Merced, CA 95340
- – beds
- – baths
- – sqft
- 10,611 sqft lot
- 1980 build
- – on site
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Wonderful investment opportunity. This well maintained 7-plex per building apartment complex has great rental history. In each building there are 5-3 bedroom 1.5 bath unit,1-studio unit and 1-one bedroom unit. Currently is managed by professional property manager. The property is currently has wait list of potential tenants and generates very strong cash flow with plenty of upside in existing rents. The property still has potential to add value by increasing rents to market as leases expires. The complex has excellent location, it is very close to central Yosemite Hwy and Hwy 99. It is walking distance to Joe Herb Community Park and shopping locations. Need to sell both buildings together. (see MLS# MC16759973) Merced has become a very lucrative income property market for bay area investors who are seeking higher yields from cash flows as investors.
Listed By CRMLS_CA / Genaro Duran / Tinetti Realty Group
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Last updated Oct 25, 2024
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MLS# MC16759148 —
The Building
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Year Built:1980
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Year Built Source:Assessor
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Common Walls:1 Common Wall
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Building Area Total:6181.00
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Building Area Units:Square Feet
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# of Buildings:1
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Total Number Of Units:7
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# of Separate Gas Meters:7
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# of Separate Electric Meters:7
Interior
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Levels:Two
Location
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Directions:Yosemite Pkwy - Kelly
The Property
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Zoning:R-3-1.5
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Lot Features:Front Yard, Lot 10000-19999 Sqft
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Lot Size SqFt:10611.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:14.01
The Listing
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Special Listing Conditions:Standard
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Parcel Number:034240025000
Heating & Cooling
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Heating:1
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Heating:Central Furnace
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Cooling:Yes
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Cooling:Central
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Curbs, Sidewalks
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Pool:None
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Private Pool:No
Parking
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Parking Spaces:5.00
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Carport Spaces:5.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
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3/27/17
Mar 27, 2017
|
Sold | CRMLS_CA | $457,500 |