2336 U Street, Merced, CA 95340

1 beds 1 baths 11,132 sq.ft.

Offerered at: $379,500.00

County: Merced
Year Built: 1943
Association Fees: $0.00/mo.

Property Description

Great Investment Opportunity - This unique Triplex property offers excellent potential for both investors looking to add to their portfolio and owner occupants who may be looking to live in one unit and rent the others. Situated on a spacious 11,000+ Sqft lot, this property features THREE 1 Bedroom-1 Bathroom Homes each with 570+/- Sqft of living space. One of the units is currently rented by a long term tenant, offering immediate cash flow. The other two units are vacant and feature new windows. Units are in need of some repairs, but present a solid foundation for customization and value growth. Extra large workshop and storage structure on the property presents opportunities for additional income. Property zoned R 1-6. Buyer to investigate potential to add or convert existing or additional structures. This property is a RARE find offering flexible possibilities for any savvy owner or investor. Close proximity to Highway 99, 59 and 140.

ESSENTIAL INFO

  • Status: Active Under Contract
  • School District: Merced City