Great opportunity to own a 12-unit investment property located on 4.6 acres. The property includes five parcels that consist of 1 acre of land, zoned multi-family. Two units on 1 acre with a 2 bed, 1 bath unit, and a 3 bed, 1 bath unit. The property also includes six units on a 1-acre lot, a triplex, a duplex, 2 bed, 1 bath unit, 1 bed, 1 bath unit, a two-story home, and large storage in the back. Two units on a 1-acre lot, 3 beds, 1 bath country home with its own backyard and a garage, and a 1 bed, 1 bath unit with a nice backyard. One parcel has a 3 bed, 2 bath home, and includes an additional 1 bed, 1 bath studio. Six units on the property have been reroofed within the last year. All units within the last eighteen months had the exterior newly painted. Several of the homes had the interior upgraded within the last two years. The rental history on this property has been amazing with many tenants being here for several years even with the recent covid. This whole property has the potential for 43 SFR buildouts in the near future. Location, location, location! Located in North Merced near UC Merced, Merced Mall, Mercy Medical Center, Downtown Merced, and many restaurants. Schedule your appointment today to see this amazing opportunity.
MLS #
CRMC21175025
MLS Source
California Regional MLS
Appliances
Oven Range - Gas
Flooring
Other
Cooling
Window/Wall Unit
Heating
Floor Furnace, Other, Wall Furnace
Roof
Composition
Foundation
Slab
Garage/Parking
Carport, Garage, Other, Garage: 2 Car(s)
HOA Fee
$0
2917 Oleander Ave is a Residential Income in Merced, CA 95340. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at – and was built in 1932.
This address can also be written as 2917 Oleander Ave, Merced, CA 95340.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of August 13, 2022. For the most current information, please contact Randy Hayer, (209) 385-8500