1911 U ST Pending

Merced,CA 95340

$ 2520000

- Bed

- Bath

11900 SqFt


Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Pending

Purchase Type For Sale

Square Footage 11,900 sqft

Price per Sqft $211

MLS Listing ID 225127207

Year Built 1955

Lot Size 1.380 Acres

Property Sub-Type 5 or More Units

Property Description

The U Street Duplexes - a tranquil 14-unit community situated on 1.38 acres in Merced, CA. Originally constructed in 1955 and thoughtfully renovated in phases thereafter, the property features a unit mix of thirteen (13) two-bedroom, one-bathroom units (800 SF) and one (1) three-bedroom, two-bathroom unit (1,500 SF). Current ownership has made substantial upgrades upon unit turnover, including stainless steel appliances, luxury vinyl plank flooring, fresh paint, modern fixtures, and updated bathrooms. Each unit offers in-demand amenities such as washer/dryer hookups, individual hot water heaters, private backyards, and carport-covered parking all highly valued by today's renters. Recent leases have been signed above $1,600, offering a clear path for a new owner to bring legacy tenants up to market and achieve a strong, stabilized yield with minimal capital outlay.

Location

State CA

County Merced

Area 20407

Rooms

Other Rooms Unit-1 Approx SqFt: 800 Bedrooms: 2 Full Baths: 1 Rent: 1480 SqFt Source: Not Measured

Interior

Heating Central,Fireplace(s)

Cooling Central

Flooring Tile,Laminate,Vinyl

Laundry In Each Unit,Washer/Dryer Hookups

Exterior

Parking Features Off Street,Carport

Utilities Available Electric

Roof Type Flat

Building

Lot Description Sidewalk,Landscape Front

Foundation Slab

Sewer Public Sewer

Water Public

Schools

Elementary Schools Merced River

Middle Schools Merced City

High Schools Merced Union High

School District Merced

Others

Special Listing Condition None

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