Skip To Content

1435 Madison Court

Merced, CA 95348
  • $452,000
  • STATUS: Active Under Contract
  • ON SITE: 13 Days
  • ID#: MC24026749
Under Contract
UPDATED: 31 min ago
$452,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1990
County:

School Ratings & Info

Listing Agent(s): Jeff Lawry of London Properties Ltd - Merced (209-725-2100)


Description

OPPORTUNITY KNOCKS!! Current rent is $3304.00 (will be $3473 beginning April 1, 2024; no foolin'). This is a great opportunity to add to your real estate portfolio or to start one... Or live in one unit and rent the other as your primary residence. This is another way to invest in your future. There is never a problem keeping them rented. One side is a 3 bedroom, 2 bath and the other is a 2 bedroom, 2 bath. They both have 2 car attached garages and a back yard. One of the units was recently renovated. They are in close proximity to 2 major shopping centers, including Food Maxx and Food 4 Less. Don't miss this opportunity!

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-21T15:32:37.497. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Lori Thompson | Coldwell Banker Realty. Licensed in the State of California, USA.
www.housesforsalesocal.com/homes/147354661
Print Image

1435 Madison Court Merced, CA 95348

  • Price: $452,000
  • Status: Active Under Contract
  • On Site: 13 Days
  • Updated: 31 min ago
  • ID#: MC24026749
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1990
Built
County:
Merced
Property Description
OPPORTUNITY KNOCKS!! Current rent is $3304.00 (will be $3473 beginning April 1, 2024; no foolin'). This is a great opportunity to add to your real estate portfolio or to start one... Or live in one unit and rent the other as your primary residence. This is another way to invest in your future. There is never a problem keeping them rented. One side is a 3 bedroom, 2 bath and the other is a 2 bedroom, 2 bath. They both have 2 car attached garages and a back yard. One of the units was recently renovated. They are in close proximity to 2 major shopping centers, including Food Maxx and Food 4 Less. Don't miss this opportunity!
Exterior Features

Entry Level 1 Entry Location ground Number Of Separate Electric Meters 2 Parking Features Garage Faces Rear Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes Roof Composition View Neighborhood View YN Yes

Interior Features

Common Walls 1 Common Wall Cooling Central Air Cooling YN Yes Fireplace Features Living Room Fireplace YN Yes Flooring CarpetTile Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 6 Common Interest None Community Features Suburban Garage YN Yes Gross Income 39648 Gross Scheduled Income 39648 Insurance Expense 865 Land Lease YN No Laundry Features In Garage Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventionalFHA Net Operating Income 34510 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 5138 Possession See Remarks Property Condition Updated/Remodeled Property Sub Type Duplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TVElectricityGas Total Actual Rent 3304 Trash Expense 0 Water Sewer Expense 2280 Water Source Public Zoning P-D



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-21T15:32:37.497. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Lori Thompson | Coldwell Banker Realty. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372377797-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372377797-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372377797-2.jpg
Logo
Lori Thompson | Coldwell Banker Realty
19440 Goldenwest Street
Huntington Beach CA, 92648
Listing Agent(s): Jeff Lawry of London Properties Ltd - Merced (209-725-2100)