Merced, CA 95348 2610 N State Highway 59
$2,500,000
67 more
Presented By: Ronald Scanlon with Century 21 Select Real Estate; 209-676-1666
Home Details
Are you looking for a multi-unit complex with all kinds of potential, well you can stop your search right here. This is a 12 unit complex, 2 buildings with 6 units in each. The units are almost 760 sq feet per unit. All units are 2 bed one bath. The total building space is 9507 sq ft. Each building has its on coin operated laundry, 2 in all. There has been a recent flood that has affected the lower 3 units of each building. Some repairs have been made but are selling the property as is in current condition. The 12 units were being remodeled at the time of the flood. there were 4 newer water heaters and 2 new tub/showers installed on units in the 2610 building and 6 new water heaters and 6 tubs/showers in the 2620 building. Only 1 unit is currently rented at this time. current rent on that unit is $1365 per month. All New doors and security doors were installed prior to flood. New flooring was also installed in some units. Owner also had new stairs and balcony entrance (deck) installed at a cost of around $80,000. All units have central Heat and Air. Each unit also has storage area. There is ample parking for 20 vehicles on paved parking area. This is a hard to find 12 unit complex so reach out today. Selling as is. Buyer to participate in a 1031 exchange at no cost to buyer. SELLER WILL CONSIDER TRADE OF PROPERTIES. ***Updated Photos***
Presented By: Ronald Scanlon with Century 21 Select Real Estate; 209-676-1666
Interior Features for 2610 N State Highway 59
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringLaminate
Heating Y/NYes
Laundry FeaturesCommonArea
General for 2610 N State Highway 59
Additional Parcels Y/NNo
AppliancesElectricRange, RangeHood
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityMerced
Community FeaturesGutters, StormDrains, StreetLights
CoolingCentralAir
CountyMerced
Days on Market355
DirectionsW on Olive, Left on N State Highway 59
ElectricItem220VoltsinKitchen
Garage Spaces0.0
Garage Y/NNo
Gross Income0.0
HOA / Comm AssnNo
HeatingCentral
Home Warranty Y/NNo
Insurance Expense8000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, Conventional, Item1031Exchange, Submit
Lot Size Square Feet19985.0
MobileHomeRemainsYNNo
Net Operating Income0.0
New ConstructionNo
Operating Expense0.0
Pool FeaturesNone
PossessionCloseOfEscrow
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsTrust
Standard StatusActive
StatusActive
Street NameState Highway 59
Tax Lot16
Total Units12
Trash Expense6600.0
UtilitiesCableAvailable, OverheadUtilities
View Y/NNo
Water Sewer Expense6600.0
Waterfront Y/NNo
Year Built1970
Year Built SourceOwner
ZoningR-3-1.5
Exterior for 2610 N State Highway 59
Building Area Total9096.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre, Paved
Lot Size Acres0.4588
Lot Size Area19985.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings2
Number of Separate Electric Meters12
Number of Separate Gas Meters12
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesDriveway, Paved, Private, OneSpace, SideBySide
Road Frontage TypeCityStreet, Highway
SpaNo
Total Parking0.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480