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Key Details
Sold Price $415,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,172 sqft
Price per Sqft $354
MLS Listing ID 226038194
Sold Date 06/13/26
Bedrooms 3
Full Baths 1
HOA Y/N No
Year Built 1941
Lot Size 7070.000 Acres
Acres 0.1623
Property Sub-Type Single Family Residence
Source MLS Metrolist
Property Description
2 HOMES ON ONE LOT - INCOME PRODUCING OPPORTUNITY IN MERCED! Live in one, rent the other, or rent both and maximize your cash flow with this rare chance to own a versatile multi-unit property featuring two separate homes, each with its own gas and electric meters, offering flexibility, convenience, and strong income potential. The main home offers 3 bedrooms, 1 bathroom, an inviting open-concept layout connecting the living room, dining, and kitchen areas, indoor laundry, and a covered patio, creating a functional space for everyday living and entertaining, and is currently tenant-occupied providing immediate rental income from day one. The second home features 2 bedrooms, 1 bathroom, an updated kitchen, indoor laundry, and a covered carport, making it ideal for additional rental income, or extended family. Both homes have been well maintained and include newer roofs, dual-pane windows, and private yard areas, enhancing long-term value, energy efficiency, and tenant appeal. Situated on a desirable corner lot, the property offers ample parking and accessibility, making it highly attractive for multiple occupants or future tenants. Conveniently located in an established Merced neighborhood with easy freeway access and close proximity to schools, shopping, dining, and everyday amenities, plus within driving distance to Yosemite National Park, adding even more appeal for long-term or potential short-term rental opportunities (buyer to verify). This property checks all the boxes for investors looking to expand their portfolio with a high-demand, multi-unit asset or for buyers looking to offset their mortgage through rental income. Opportunities like this don't come often; add this to your investment portfolio or create your own house-hack strategy today!
Location
State CA
County Merced
Area 20407
Direction Exit Hwy 99 onto 140. Property is close to the corner of Yosemite Pkwy and Cypress Way
Rooms
Guest Accommodations Yes
Living Room Other
Dining Room Space in Kitchen
Kitchen Kitchen/Family Combo
Interior
Heating Wall Furnace
Cooling Ceiling Fan(s), Central, Wall Unit(s), Window Unit(s)
Flooring Carpet
Appliance Hood Over Range, Dishwasher, Microwave
Laundry Inside Area, Inside Room
Exterior
Exterior Feature Balcony
Parking Features Attached, Covered, Garage Facing Front
Fence Back Yard, Chain Link, Front Yard
Utilities Available Public
Roof Type Composition
Porch Awning
Private Pool No
Building
Lot Description Corner
Story 1
Foundation Raised
Sewer Public Sewer
Water Public
Level or Stories One
Schools
Elementary Schools Merced City
Middle Schools Merced City
High Schools Merced Union High
School District Merced
Others
Senior Community No
Tax ID 035-062-002-000
Special Listing Condition Trust
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Bought with Tinetti Realty
NEARBY SCHOOLS & BUSINESSES
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