Listed by Peter Huff •DRE #01454712 • Huff Real Estate
Contact: 209-261-0592
For sale
$1,900,000
Est. $12,297/mo —
34
bd•
14 ba
•
10,800
sq ft
2400 K, Merced, CA 95340
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About this home
Multi-familyProperty Type
1950Year Built
1 acresLot Size
$176Price/Sq.Ft.
Listing updated:
Redfin checked: 2 minutes ago•Source:CRMLS #MC26136816
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Lifestyle
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Property details
- Interior
- Exterior
- Finance
- Interior features
- Entry on level 1
- Bedrooms
- Unit mix includes 1-bed, 2-bed and 3-bed units
- Bathrooms
- Multiple one-bath units (each unit type lists one full bath)
- Laundry & utility
- Laundry in an individual room
- Exterior features
- No pool
- Lot larger than 40,000 square feet
- Street lighting and sidewalks in the community
- Home design
- Single-story buildings
- No accessory dwelling unit reported
- Construction
- Seven buildings
- No common walls between units
- Year built: see remarks
- Utilities
- Public sewer
- Public/District water
- One separate water meter for the property
- Separate gas and electric meter for each unit (14 gas meters, 14 electric meters)
- HOA & community
- Community features include street lighting and sidewalks
- Financial info
- Total building area reported as 10,800
- Total of 14 units across the property
- Gross scheduled income: $249,600
- Gross income: $234,907
- Net operating income: $234,907
- Total expenses: $54,356 (including $14,000 insurance, $10,194 trash, $10,194 water/sewer)
- Operating expense listed as $14,693
- Total actual rent reported as $199,740
- Unit-level rents: 1-bed units rent $1,050 (2 units), 2-bed units rent $1,300 (4 units), 3-bed units rent $1,400 (8 units)
- Other
- Property contains 7 buildings
- Directions: K St across from Amtrak
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