Home | Merced County | Merced | 95340 | 1962 1976 Edwards Ave
MLS: CRMC26201033 | Status: | Price: $1,025,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 16,203 | 1979 |
Fully occupied Merced multifamily investment offered at $1,025,000 with an estimated 5.77% cap rate. This well-maintained 8-unit property features all 2-bedroom, 1-bathroom residences, each approximately 850 square feet, with spacious bedrooms and practical living areas. Current scheduled rents total $9,208 monthly, or $110,496 annually. Convenient access to shopping, schools, public transportation, and UC Merced adds to its rental appeal. An opportunity to expand your portfolio or consider for a 1031 exchange. Estimated cap rate is based on current scheduled rents and annualized reported operating expenses, subject to verification. Buyers should independently verify all income and expenses.
| Field | Value |
|---|---|
| MLS # | CRMC26201033 |
| MLS Source | California Regional MLS |
| Days on Site | 61 |
| Feature | Details |
|---|---|
| Appliances | Oven Range - Electric, Dryer, Washer |
| Cooling | Central Forced Air |
| Heating | Central Forced Air |
| Feature | Details |
|---|---|
| Roof | Composition |
| Foundation | Slab |
| Feature | Details |
|---|---|
| Garage/Parking | Assigned Spaces, Carport, Guest / Visitor Parking, Other, Garage: 0 Car(s) |
| HOA Fee | $0 |
| Listing Agent | Co-Listing Agent |
|---|---|
| Armando Diaz | Emanuel Gutierrez |
| Soldavi Inc. | |
| License #: 01496803 | License #: 02103022 |
| Phone: (209) 777-9955 | Phone: (209) 383-3000 |
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 6 | – |
School data provided by GreatSchools.org
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This listing information is up-to-date as of November 13, 2026. For the most current information, please contact Armando Diaz, (209) 777-9955.