2355 K ST new

Merced,CA 95340

$ 3150000

- Bed

- Bath

12800 SqFt


Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 12,800 sqft

Price per Sqft $246

MLS Listing ID 224113767

HOA Y/N No

Originating Board MLS Metrolist

Year Built 1960

Lot Size 0.517 Acres

Acres 0.5165

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.

Location

State CA

County Merced

Area 20407

Direction Martin Luther King Jr Way. Drive to K St

Interior

Heating Wall Furnace

Cooling Central

Flooring Vinyl

Window Features Dual Pane Full

Appliance Free Standing Gas Range,Free Standing Refrigerator

Laundry Washer/Dryer Leased,In Common Area

Exterior

Garage Open,Uncovered

Utilities Available Cable Available

Water Access Desc Public

Roof Type Composition

Total Parking Spaces 23

Building

Lot Description Private,Curbs/Gutters,Sidewalk

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Traditional

Schools

Elementary Schools Merced City

Middle Schools Merced City

High Schools Merced Union High

School District Merced

Others

Senior Community No

Tax ID 030-183-003

Special Listing Condition None

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