Merced, CA 95340 13 W 18th Street
$630,000
22 more
Presented By: Jeff Nightengale with London Properties Ltd - Merced; 209-947-2247
Beds • 1
Baths • 1
SQFT • 2,496
Year Built • 1956
Home Details
(4 UNITS) Check out this investment opportunity in downtown Merced. 4 identical 1 bedroom 1 full bath units with individual parking that were completely rebuilt in 2021. Here is a list of some of the upgrades that were done in ALL 4 units in 2021 . NEW ROOF, NEW HEAT/AIR WALL UNITS, NEW ELECTRICAL service panels and wiring throughout, NEW PLUMBING throughout including NEW WATER HEATERS, NEW DUAL PANE WINDOWS and doors, new flooring, new bathrooms including toilets, sinks, cabinets, light fixtures, and exhaust fans. In the kitchen all units got NEW floors, cabinets, countertops, plumbing, fixtures, stoves, and refrigerators. Completely repainted inside and outside, window coverings throughout with a new iron fence with gate, and with a new redwood fence.
Bedroom count, bathroom count, and building area not on tax records, buyer to verify if important.
Presented By: Jeff Nightengale with London Properties Ltd - Merced; 209-947-2247
Interior Features for 13 W 18th Street
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringTile
Heating Y/NYes
Interior AmenitiesAllBedroomsDown
Laundry FeaturesNone
Total Stories1
Window FeaturesDoublePaneWindows
Other Rooms
Entry Level1
General for 13 W 18th Street
Additional Parcels Description031084014000
Additional Parcels Y/NYes
AppliancesGasRange, Refrigerator, WaterHeater
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate6.62
Carport Y/NNo
CityMerced
Community FeaturesSidewalks
CoolingWallWindowUnits
CountyMerced
DirectionsFrom G St and W 18th St, travel west on W 18th St
Electric Expense180.0
Electric On Property Y/NNo
Entry Location18th St Front
Garage Spaces0.0
Garage Y/NNo
Gross Income55920.0
HOANo
HOA Fee$0.0
HeatingCombination, Electric
Home Warranty Y/NNo
Insurance Expense1714.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsSubmit
Lot Size Square Feet7500.0
Lot Size UnitsSquareFeet
MaintenanceExpense900.0
MobileHomeRemainsYNNo
Net Operating Income45684.0
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
Open Parking Spaces4.0
Operating Expense10236.0
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NYes
Property ConditionTurnkey
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories1
Tenant PaysElectricity
Total Actual Rent4660.0
Trash Expense0.0
ViewNeighborhood
Water Sewer Expense4104.0
Waterfront Y/NNo
Year Built1956
Year Built SourceAssessor
Exterior for 13 W 18th Street
Building Area Total2496.0
Crops Included Y/NNo
FencingExcellentCondition
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesRectangularLot
Lot Size Acres0.1722
Lot Size Area7500.0
Lot Size SourceAssessor
Number of Buildings4
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters4
Open Parking Y/NNo
Parking FeaturesAssigned, Driveway, OnStreet
Private PoolNo
SpaNo
Total Parking4.0
Water SourcePublic
Additional Details
Price History
Keegan Cin
Team Lead
