$125,000
$129,750
3.7%For more information regarding the value of a property, please contact us for a free consultation.
6,969 Sqft Lot
SOLD DATE : 11/29/2019
Key Details
Sold Price $125,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID MC19146479
Sold Date 11/29/19
HOA Y/N No
Year Built 1960
Lot Size 6,969 Sqft
Property Description
There are 3 parcels 003-091-015, 016, 013 for sale together for $129,750. All 3 parcels are 50' x 123' = 6,150 SF each (18,450 SF total) and are zoned RT (Residential Transition). Potential to develop into a commercial usage or multi-residential (duplexes or triplexes). Located on the NWC of the intersection of Broadway Avenue and Capital Street. There is an existing structure on the corner parcel that is 1,491 SF and currently used as a motorcycle club's clubhouse. The structure needs major rehabilitation and is being sold in its as-is condition. Structure could potentially be renovated and made into a into a duplex or triplex. This is ideal property for a 'flipper' that likes fix up for resale and in the process also have two additional lots on which to build duplexes or triplexes. Lots exposed perimeters (i.e.east and south sides) are paved and have 14 striped parking spaces. Curb cuts on both Broadway Avenue and Capital Street. Excellent upside development potential.
Location
State CA
County Merced
Zoning R-T
Interior
Fireplace No
Laundry None
Exterior
Parking Features Asphalt, Unassigned, Uncovered
Pool None
Community Features Curbs, Gutter(s), Street Lights, Sidewalks
Private Pool No
Building
Lot Description Corner Lot
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 003091015000
Acceptable Financing Cash, Submit
Listing Terms Cash, Submit
Financing Cash
Special Listing Condition Standard
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Bought with Sheril Carmona • Tinetti Realty Group