$2,995,000
For Sale

2355 K STREET

Merced, CA 95340
0.52 acres | #MC24209964
Listing OfficeSoldavi Inc.
Browse 24 photos
Type:Multi-Family
Structure:House
Zone:Residential

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.

  • Property Details
      • Utility FeaturesCableAvailable, ElectricityAvailable, PhoneAvailable
      • ViewNeighborhood
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • Original List Price$3,150,000
      • MLS #MC24209964
      • MLS #MC24209964
      • Property SubtypeApartment
      • InteriorBalcony
      • Cost2995000
      • Acres0.5165
      • Utility SourcePublic
      • CountyMerced
      • Year Built1960
      • FoundationSlab
      • Stories2

Location

@VANTAGE Real EstateReal Estate Professionals
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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