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1034 W 18th Street

Merced, CA 95340
  • $499,900
  • STATUS: Active
  • ON SITE: 86 Days
  • ID#: 584070
UPDATED: 59 min ago
$499,900
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,400
    SQFT
  • $147
    $/SQFT
Neighborhood:
340
Type:
Commercial
Built:
1955
County:
Area:
340

School Ratings & Info

Description

Reduced Again For Quick Sale!!! 3 - tenant building located in Central Merced, down the street from the new Starbucks building recently built & across the street from 7-11 and Sonic franchises. Close to 99 freeway access.Current tenants are an automotive repair shop in the rear with alley access and in one of the front units a phone repair store.rents currently are $995 for front unit with a 3 year lease & $1,100 for the rear unit 1 year left on his lease which tenant is willing to stay, and rent will be going up to $1,400/month,. 3rd unit is on standby with letter of intent for $1,900/month. Water,Sewer, & Garbage costs are approx. $180/month. and management fees are only 5% with current property management company willing to stay on board current insurance is approx. $1,380 annually. Tenants currently split the cost on Water, sewer & garbage bill.

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© 2022 Fresno Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2022-11-28T06:46:45.007.
www.greathomesinfresno.com/homes/132753608
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1034 W 18th Street Merced, CA 95340

  • Price: $499,900
  • Status: Active
  • On Site: 86 Days
  • Updated: 59 min ago
  • ID#: 584070
0
Beds
0
Baths
0
½ Baths
0.17
Acres
3,400
SQFT
$147
$/SQFT
1955
Built
Neighborhood:
340
County:
Merced
Area:
340
Property Description
Reduced Again For Quick Sale!!! 3 - tenant building located in Central Merced, down the street from the new Starbucks building recently built & across the street from 7-11 and Sonic franchises. Close to 99 freeway access.Current tenants are an automotive repair shop in the rear with alley access and in one of the front units a phone repair store.rents currently are $995 for front unit with a 3 year lease & $1,100 for the rear unit 1 year left on his lease which tenant is willing to stay, and rent will be going up to $1,400/month,. 3rd unit is on standby with letter of intent for $1,900/month. Water,Sewer, & Garbage costs are approx. $180/month. and management fees are only 5% with current property management company willing to stay on board current insurance is approx. $1,380 annually. Tenants currently split the cost on Water, sewer & garbage bill.
Exterior Features

Access City Street Parking 1 - 5 SpacesStreet Roof Flat

Interior Features

Heating And Cooling Window Unit Office Sq Ft 0 Stories One

Property Features

Available Date 1800-01-01 Cross Street Address R Street Electric Electric Available Existing Loan Private Lease Type Net Lot Measurement Acres Lot Size Source (Tax Records) Operating Expense 0.00 Operating Income 0.00 Owner Pays TaxesInsurance Potential Use AutomotiveBarber/Beauty ShopGeneral OfficeRetail Store Property Subtype1 Other Reo Or Bank Owned No Restrooms 0 Sales Includes Land & ImprovementsBuilding (S) Square Footage Source Tax Records Tenant Pays Other Terms CashSubmit Transaction Type Sale Water Sewer Gas City WaterCity Sewer

Listing provided courtesy of Salim Farha of Realty Executives Of Northern: 209-385-8500.


© 2022 Fresno Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2022-11-28T06:46:45.007.
 
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Raymer Realty Group | Lion Real Estate
7945 N Blackstone Ave
Fresno CA, 93720