Turnkey investment opportunity in an established Merced neighborhood featuring a fully remodeled 2-bedroom, 1-bath main home and a separate 1-bedroom, 1-bathroom ADU on a generous 7,500-square-foot lot. Currently generating $2,750 per month in rental income, with the main home leased at $1,550 per month and the ADU leased at $1,200 per month. Both units have been extensively updated, including new electrical and plumbing, providing peace of mind for years to come. Each unit is separately metered, and tenants currently pay all utilities and property maintenance, helping keep ownership expenses low. Current leases expire in early August, offering flexibility for investors seeking rental income, the opportunity to adjust rents, or potential owner-occupancy options. With strong in-place cash flow, major system upgrades already completed, and a desirable location within an established neighborhood, this property presents an excellent opportunity for both seasoned and first-time investor.
68 days
|
518
|
22
|
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Marcus RodriguezDRE #02005100209-875-8212,
Keller Williams Property Team
Source: CRMLS,MLS#: MC26117201Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 1
Main level bedrooms: 2
Rooms
Room types: Kitchen, Living Room, Primary Bathroom, Primary Bedroom
Bathroom
Features: Bathtub, Separate Shower, Tub Shower
Heating
Wall Furnace
Cooling
Wall/Window Unit(s)
Appliances
Included: Microwave
Laundry: Inside
Features
Ceiling Fan(s)
Windows: Double Pane Windows
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: No Common Walls
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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