A 14-unit complex with 14 large 1 bed, 1 bath units approximately 600 sq ft each. Priced at a little over $114,000 per unit, delivering a 5.66 cap rate at the asking price. This complex offers on site laundry with its own individual room and the entire perimeter is gated for extra security and safety located in downtown Merced. Each unit comes with it’s own parking space inside the gated area and storage space to store your additional personal items. All the units were upgraded with newer dual pane windows and are all rented out and in good condition.
Property Details
Price:
$1,600,000
MLS #:
MC25152545
Status:
Active Under Contract
Baths:
0
Address:
351 W 19th Street
Type:
Residential Income
Subtype:
Apartment
City:
Merced
Listed Date:
Jul 8, 2025
State:
CA
ZIP:
95340
Lot Size:
15,000 sqft / 0.34 acres (approx)
Year Built:
1975
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Schools
Interior
Heating
Central
Laundry Features
Individual Room, Inside
Exterior
Community Features
Gutters
Parking Features
Parking Space, Street
Parking Spots
0.00
Roof
Tile
Financial
Map
Community
- Address351 W 19th Street Merced CA
- CityMerced
- CountyMerced
- Zip Code95340
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351 W 19th Street
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