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
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
Fireplace Features
None
Heating
Central
Window Features
Double Pane Windows
Exterior
Community Features
Gutters
Garage Spaces
0.00
Lot Features
Corner Lot, Lot 10000-19999 Sqft, Paved
Parking Features
Parking Space, Street
Parking Spots
0.00
Pool Features
None
Roof
Tile
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Electricity
Map
Community
- Address351 W 19th Street Merced CA
- CityMerced
- CountyMerced
- Zip Code95340
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