335 E 23rd Street

    Merced, CA 95340
    • $699,000
    • STATUS: Pending
    • ON SITE: 162 days
    • ID#: MC19079039
    Pending
    UPDATED: 47 min ago
    $699,000
    • 0
      BEDS
    • 0.76
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,800
      SQFT
    • $103
      $/SQFT
    Type:
    Multi-Family
    Built:
    1934
    County:

    School Ratings & Info

    Description

    Excellent opportunity to own this unique property with 8 homes on 1 lot. See attached Brochure for rent roll and financial information.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-18T00:32:21.337. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Heller The Home Seller | Keller Williams Realty. Licensed in the State of California, USA.
    www.hellerthehomeseller.com/homes/93501226

    335 E 23rd Street Merced, CA 95340

    • Price: $699,000
    • Status: Pending
    • Updated: 47 min ago
    • ID#: MC19079039
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.76
    Acres
    6,800
    SQFT
    $103
    $/SQFT
    1934
    Built
    County:
    Merced
    Property Description
    Excellent opportunity to own this unique property with 8 homes on 1 lot. See attached Brochure for rent roll and financial information.
    Exterior Features

    Garage Spaces 2.00 Lot Features 6-10 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 16.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area 800 Average2 Bed Area Units Square Feet Average3 Bed Area 1100 Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features In GarageInside Levels One

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 7.05 Community Features Sidewalks Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 72000.00 Gross Operating Income 69120.00 Gross Scheduled Income 72000.00 Insurance Expense 4336.00 Land Lease YN No Laundry YN Yes Maintenance Expense 2500.00 Net Operating Income 49299.00 New Construction YN No New Taxes Expense 7300.00 Number Of Separate Electric Meters 8 Number Of Separate Gas Meters 8 Number Of Separate Water Meters 1 Number Of Units Leased 8 Operating Expense 19821.00 Operating Expense Percent 29.00 Professional Management Expense 0.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 19821.00 Trash Expense 0.00 Vacancy Allowance 2880 Vacancy Allowance Rate 4.00 Water Sewer Expense 5685.00 Water Source Public Year Built Source Estimated Zoning R-1-6

    Listing provided courtesy of Jacob Morgner of Tinetti Realty Group


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-18T00:32:21.337. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Heller The Home Seller | Keller Williams Realty. Licensed in the State of California, USA.
     
    Heller The Home Seller | Keller Williams Realty
    171 Saxony Road, Ste. 205
    Encinitas CA, 92024