Excellent Investment opportunity to add to your portfolio! 17 rooms upstairs and 2 apartments and two studios on the bottom floor. Could be easily converted to an Air B& B. Close to Yosemite National Park and the University of Merced. Located on main artery in Le Grand CA. Zoned for multi family dwellings, this unique opportunity has been updated with new electrical plumbing, doors, window, flooring, appliances counter tops, paint and beautifully updated bathrooms. There is a large area in main floor that can be used for different occasions and meetings or gatherings. This is one of a kind! The roof is fairly new. Huge earning capacity currently! 7 of the 17 rooms are currently rented as well as the two studios and two apartments. Hard to find complex with excellent income producing opportunity. Must see to appreciate. Opportunities as this one do not come by often.
Property Type :
Residential Income
County :
Merced
Style :
Residential Income
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ByOwner last updated this listing 05/04/2024 @ 14:21
MLS: MC24056136
LISTED BY: Gloria Keene, Keller Williams Property Team
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
