631 Q Street

    Merced, CA 95341
    • $760,000
    • STATUS: Closed
    • ON SITE: 135 days
    • ID#: MC18270598
    Sold - 01/11/2019
    $760,000
    SOLD - 01/11/2019
    • 0
      BEDS
    • 0.85
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,900
      SQFT
    • $77
      $/SQFT
    Type:
    Multi-Family
    Built:
    1960
    County:

    School Ratings & Info

    Description

    Great buy for investors. 12 units total. All units are currently rented at $525.00 each. Three separate APN's with 2 duplexes on each APN. Addresses are 631 through 653 Q Street. All 3 parcels to sell together. NOTE: Operating Expenses as shown are estimates only. Net operating income is an ESTIMATE ONLY. Current rents as stated may vary slightly and will be verified upon receipt of seller rent rolls. Buyer to be provided rent rolls, expense information, etc. during buyer investigation period for buyer approval. Units are ESTIMATED to be 825 SF each unit; 1650 SF per duplex. Square footage to be verified during buyer investigation period for buyer approval.

    Sold by Salim Farha of Realty Executives Of Merced.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-03-25T00:40:28.957. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/89305330

    631 Q Street Merced, CA 95341

    • Price: $960,000
    • Status: Closed
    • ID#: MC18270598
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.85
    Acres
    9,900
    SQFT
    $77
    $/SQFT
    1960
    Built
    County:
    Merced
    Property Description
    Great buy for investors. 12 units total. All units are currently rented at $525.00 each. Three separate APN's with 2 duplexes on each APN. Addresses are 631 through 653 Q Street. All 3 parcels to sell together. NOTE: Operating Expenses as shown are estimates only. Net operating income is an ESTIMATE ONLY. Current rents as stated may vary slightly and will be verified upon receipt of seller rent rolls. Buyer to be provided rent rolls, expense information, etc. during buyer investigation period for buyer approval. Units are ESTIMATED to be 825 SF each unit; 1650 SF per duplex. Square footage to be verified during buyer investigation period for buyer approval.
    Exterior Features

    Garage Spaces 0.00 Lot Features Lot 20000-39999 Sqft Lot Size Source Estimated Lot Size Units Square Feet Parking Features Driveway - Asphalt Parking Total 0.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area 825 Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Laundry Features See Remarks Levels One

    Property Features

    Additional Parcels Description 032-183-033032-183-032 Additional Parcels YN Yes Building Area Units Square Feet Community Features Suburban Country Us Electric Expense 1000.00 Elevation Units Feet Gross Income 75600.00 Gross Scheduled Income 75600.00 Insurance Expense 2300.00 Land Lease YN No Laundry Equipment Own Lease Own Laundry YN Yes Net Operating Income 57600.00 New Construction YN No New Taxes Expense 3300.00 Number Of Separate Electric Meters 12 Number Of Separate Gas Meters 12 Number Of Separate Water Meters 12 Operating Expense 20700.00 Professional Management Expense 3600.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Expenses 20700.00 Trash Expense 2850.00 Water Sewer Expense 7650.00 Water Source Public Year Built Source Estimated

    Listing provided courtesy of Melinda Price of Century 21 Salvadori Realty and Matthew Ostdiek of Century 21 Salvadori Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-03-25T00:40:28.957. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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