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 vacant land, zoned multi-family. Two units on 1 acre with a 2 bed, 1 bath unit, and a 3 bed, 1 bath unit. 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 bed, 1 bath home, and a 1 bed, 1 bath unit. One parcel has a 3 bed, 2 bath home, and 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. This whole property has the potential for 43 SFR buildouts in the near future. Located in North Merced near UC Merced and Mercy Medical.
MLS #
ME221108262
MLS Source
MetroList Services, Inc.
Kitchen
Varies by Unit
Appliances
Appliances - Vary by Unit
Flooring
Carpet, Tile, Varies by Unit
Cooling
Varies by Unit, Window/Wall Unit
Heating
Varies by Unit
Roof
Composition, Rolled/Hot Mop
Foundation
Slab, Other
Garage/Parking
Carport, Carport(s) - Awning, Detached, Garage, Garage: 0 Car(s)
High School District
Merced Union High
Sewer
Shared Septic
Water
Public
HOA Fee
$0
Zoning
R-1
# Buildings | # Leased Units | # Total Units |
---|---|---|
12 | – | – |
Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
---|---|---|---|---|---|---|
1 | 814 | 2 | 1/0 | $1,000 | – | – |
2917 Oleander Ave is a Residential Income in Merced, CA 95340. This 0 square foot property sits on a 4.6 Acres 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 MetroList Services, Inc. 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 MetroList Services, Inc.
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This listing information is up-to-date as of January 18, 2023. For the most current information, please contact Randhir Hayer, (209) 765-3767