Pending

3366 R Street

Merced, CA 95348

$550,000 $2,318/Mo

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Description

Stop dreaming of passive income and start collecting it with this rare North Merced four-plex! Whether you're a savvy investor or a first-time buyer looking to house hack your way to financial freedom, this property is the ultimate choose your own adventure asset. Each of the four units is a spacious 959 sq ft roommate's dream, featuring 2 bedrooms and 2 full bathrooms, plus its own dedicated parking stall and storage unit. The layout is anchored by a central courtyard, but the real magic is just outside your front door: you are directly across the street from Fahrens Park and its miles of scenic walking and bike paths. With Target, the Merced Mall, and the UC Merced Shuttle all within easy reach, your tenant pool is practically built-in. This is a prime upside opportunity in a high-demand locationdon't let the next owner be the one bragging about the cash flow you missed out on!

Property Details

Property Type : Residential Income

Price : $550,000

AD Id : 76275471

MLS Id : 226031998

Living Area Size : 3,834

Year Built : 1982

County : Merced

Map

Features

Water/Sewer

Sewer: Public Sewer
Flooring Information

Carpet, Tile, Wood
Roofing Information

Shingle
Interior Features

Roof: Shingle Appliances: Dishwasher, Microwave, Free Standing Electric Oven Laundry Features: Laundry Closet, Other
Heating & Cooling

Heating: Central Cooling: Ceiling Fan(s), Central WaterSource: Public

Building Information

Year Built: 1982 Stories: 2 Construction Materials: Stucco Roof: Shingle Foundation Details: Slab
Exterior Features

Foundation Details: Slab

Porch: Balcony/Deck
Laundry Features

Laundry Closet, Other

Patio And Porch

Balcony/Deck

Lot Information

Lot Description: Other Lot Square Feet: 8,281 Stories: 2 Main Square Feet: 3,834

Property Information

Property Type: Residential Income Sub Type: Quadruplex SQ ft (Living Area): 3,834 Construction Materials: Stucco Property Age: 44 Cross Street: Buena Vista Source Neighborhood: 20408 Postal Code Plus 4: 2341 Area: Merced S: 95348 Zoning: R32 Living Area Source: Assessor Auto-Fill Structure Type: Apartments

Farm Info

Irrigation Source: Public District

Listing Price Information

Listing Id: 226031998 List Price: $550,000 List Price Tot SqFt: $143

Tax Information

Parcel Number: 236-130-003-000

Parking Information

Parking Total: 4 Carport

Elementary School District: Merced City

Junior High School District: Merced City

Senior High School District: Merced Union High
Utility Information

Other
Location Information

Direction: Head north or R street towards from Yosemite, turn right on Buena Vista, Right on San Mateo Ct. 4 Plex is on the right side off of cul de sac.

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At $143.45 per sq.ft.,this listing is priced below average compared to other multifamily from Merced.

The average multifamily price in Merced is $498412.86 with avg. price / sq.ft of $2844.68.

The average multifamily price in Merced County is $540257.14 with avg. price / sq.ft of $3659.00.

How much is this property worth?

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