Tinetti Realty Group
Full Service Brokerage and Property Management

2930 G Street, Suite 207 + Merced, CA 95340
Office: (209) 384-3885 + Fax: (209) 384-3889


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      Property Information:

Agent

Steve Tinetti

 
Type - Multi Residential
Location - 1101-1241 E. Santa Fe
Merced
Sq Feet -
Acreage - 1.0
Sale Price - $2,950,000
Lease Price -

 

      Property Description:

Total of 8 - 8 plexes on 4 lots (I.e. 2 x 8 plexes/lot). Each 8 plex has 1x1/1 @650SF rents $400 to $500 + 6 studios (3 down- 3 up) @480SF rents $275 to $400 + 1 efficiency apt @ 401SF rents $350 (including utilities) + 6 have 90SF laundry rooms Avg $150/month total + 6 storage rooms @ 60SF + 2 storage rooms @ 140SF (Co-listed w/Yandow Realty). With an adequate down payment a qualified Buyer may assume the existing loans and Seller may carry large seconds at attractive rate and terms.

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Last Update 11/01/07

This information has been secured from sources we believe to be reliable, but we make no representation or warranties, expressed or implied, as to the accuracy of the information. All references to age, sq. footage, income, and expenses are approximate. Buyers should conduct their own independent investigations and rely only on those results.TRG

Tinetti Realty Group. ª Copyright  2000