308 W 20th Street, Merced, CA 95340 | MLS MP22203016 | Listing Information | Real Estate Expert
SOLD
$1,050,000
Date 04/20/2023

308 W 20th Street
Merced, CA 95340    Directions

Single Family, Mixed Use
Residence
12
Beds
6
Baths
4,356
Sq. Ft.
0.3099
Acre Lot
Bed Icon
12
Beds
Bath Icon
6
Baths
Living Area Icon
4,356
Sq. Ft.
Lot Size Icon
0.3099
Acre Lot
Listing Agent: Zoe Alexander CalDRE: 02054494 - Realty Executives of Northern Cal
Real Estate Reader> California> Merced> 95340
INVESTORS!! Two lots listed together 308, 310, 312 W. 20th St./ 1927, 1935, 1943 Martin Luther King Jr. Way. 6 TOTAL UNITS located in an OPPORTUNITY ZONE (Census Tract 13.02), which includes special tax benefits, is being sold as two (2) lots combined with dedicated covered resident parking. This multi-family investment is in an emerging area, walking distance from the newly restored Downtown Merced, is a short drive to Merced College and UC Merced, in an area with strong rental growth. Close access to both public transportation, freeways and proposed HIGH-SPEED RAIL STATION. Properties contains (6) two bedroom/one bathroom units. Building has a good rental upside potential. Both buildings are located on the same lot with two separate parcel numbers. Excellent opportunity. Marketing package can be sent by request with more information. All units are currently being rented on month-to-month terms, except for one (1) unit which is partially through a year-long lease. This property is listed at $1.2 million dollars. A PERFECT 1031 opportunity!! Take advantage of income-producing investment and Opportunity Zone incentives and purchase an investment property in up and coming Merced. What more could you want from a rental property? THIS ONE HAS IT ALL!
MP22203016
Residential - Single Family, Mixed Use, 1 Story
12
6 Full
1966
Merced
0.3099 Acres
Public
1
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Zoe Alexander, Realty Executives of Northern Cal
Agent Office Phone: 209-347-7264
Agent License: 02054494 Office License: 01418106 Office Phone: 209-966-7200

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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Listing Agent: Zoe Alexander CalDRE: 02054494 - Realty Executives of Northern Cal
crmls logo
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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Information is deemed reliable but is not guaranteed.