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$2,995,000
Est. payment /mo
1 Bed
2 Baths
0.52 Acres Lot
UPDATED:
12/06/2024 05:45 PM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID MC24209964
Bedrooms 1
HOA Y/N No
Lot Size 0.517 Acres
Type of Financing Cash,Exchange,Land Contract
Property Description
Welcome to The Palms, home to the UC Merced Bobcats. This completely renovated 22-Unit apartment complex is in the heart of Merced. Built in 1960 with a stable tenant profile, situated on a 20,000+ Sq. Ft. lot. With a mix of 18 Studio units and 4 one bedroom units, each residence has been recently upgraded with vinyl flooring, new kitchen cabinets, beautiful countertops, and sleek new bathrooms. The Palms property has two buildings with studios of 411 living square footage, and 1-bedrooms with 565 of living square footage. This apartment has an on-site laundry facility, new 30-year composition roof, all new iron gate fencing & enclosed private gate parking for all residents.
Welcome to The Palms, home to the UC Merced Bobcats. This completely renovated 22-Unit apartment complex is in the heart of Merced. Built in 1960 with a stable tenant profile, situated on a 20,000+ Sq. Ft. lot. With a mix of 18 Studio units and 4 one bedroom units, each residence has been recently upgraded with vinyl flooring, new kitchen cabinets, beautiful countertops, and sleek new bathrooms. The Palms property has two buildings with studios of 411 living square footage, and 1-bedrooms with 565 of living square footage. This apartment has an on-site laundry facility, new 30-year composition roof, all new iron gate fencing & enclosed private gate parking for all residents.
Welcome to The Palms, home to the UC Merced Bobcats. This completely renovated 22-Unit apartment complex is in the heart of Merced. Built in 1960 with a stable tenant profile, situated on a 20,000+ Sq. Ft. lot. With a mix of 18 Studio units and 4 one bedroom units, each residence has been recently upgraded with vinyl flooring, new kitchen cabinets, beautiful countertops, and sleek new bathrooms. The Palms property has two buildings with studios of 411 living square footage, and 1-bedrooms with 565 of living square footage. This apartment has an on-site laundry facility, new 30-year composition roof, all new iron gate fencing & enclosed private gate parking for all residents.
Location
State CA
County Merced
Area Merced (95340)
Zoning Public Rec
Interior
Cooling Wall/Window
Air Conditioning Wall/Window
Exterior
Exterior Feature Wood
Roof Type Composition
Building
Lot Description Sidewalks
Story 2
Others
Monthly Total Fees $132
Acceptable Financing Cash, Exchange, Land Contract
Space Rent $1,200
Listing Terms Cash, Exchange, Land Contract
CFD/Mello-Roos Fee $1, 591
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Listed by Armando Diaz • Soldavi Inc.
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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