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2240 Glen Avenue, Merced, CA 95340
--
bed
--
bath
4800
ft2
· 13590
ft2 lot
$980,000
$204 / ft2
Listing provided courtesy of Ruben Yomtoubian, Discount Realty.
Source CRMLS.
4 Separate buildings - total 8 units, each unit is 1 bedroom, 1 bathroom, 600 square feet. All units have individual water heater and individual electric meters. The current owners have upgraded 3 out of 8 units with flooring, kitchens, baths, and paint. All units have new A/C - heaters. 2 buildings have new roofs and all buildings have new gutters. Laundry facility are shared. 8 units with great income in a quiet and established residential area. Do not miss-out. Sold AS IS Drive-by only. Please DO NOT DISTURB tenants.
HOA
$—/month
On market
5 months
Year built
1960
Property type
Home
Parking
5
MLS
ML81820624
Price / Sq.Ft.
$204 / ft2
Status
Active
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Flyhomes Cash Offer
Based on a price of $980,000
Rebate:
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Net Rebate:
Negotiating Power:
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$4,900
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Discount Brokerage
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$3,518
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not offered
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Property Details
Interior Features & Layout
Appliances
•   
Appliances: Oven, Propane Oven, Refrigerator, Water Softener, Free-Standing Range, Propane Range, Range
•   
Has Appliances
Heating & Cooling
•   
Has Heating
•   
Heating Details: Wall Furnace
•   
Cooling Details: Wall/Window Unit(s)
Rooms Info
•   
Average3 Bed Area: 1200
•   
Average2 Bed Area: 1200
•   
Average1 Bed Area: 1200
Flooring
•   
Flooring: Laminate, Wood
Interior Size
•   
Building Area Total: 4800.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Carport, Attached Carport
•   
Garage Spaces: 0.00
•   
Carport Spaces: 5.00
Lot Info
•   
Zoning: R 1-5
•   
Lot Features: Back Yard
•   
Lot Size Source: GIS Calculated
•   
Lot Size Area: 13590.7200
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 4
Property Type
•   
Architectural Style: Traditional
Building Info
•   
Roof: Shake
•   
Foundation Details: Slab
•   
Stories Total: 1
Listing Details, Costs & Financing Information
Financial Info
•   
Maintenance Expense: 1200.00
•   
Cap Rate: 4.32
•   
Trash Expense: 7400.00
•   
Insurance Expense: 1800.00
•   
Professional Management Expense: 600.00
•   
Gross Scheduled Income: 63952.00
•   
Gross Multiplier: 15.32
Listing Info
•   
Status: Active
Other
Calculation
•   
Dom: 1
•   
Cdom: 1
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: Apr 22, 2021 1:08pm
Neighborhood snapshot
37
Properties for sale
9
Median days on market
$186.51
Median sold price/sqft
99.93%
Sold/List %
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walk score® :
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Property History
11/17/2020
11/17/2020
CRMLS #ML81820624
active
CRMLS #ML81820624
$980,000
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