3411 Baker, Merced, CA 95341

$989,000

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List Price
$989,000
Price Change
▼ $261,000 1783081371
Status
ACTIVE
MLS#
MC26099037
Year Built
1942
Lot Size
100,188
Acres
2.30
Lot Location
Back Yard
Days on Market
82
Property Type
Single Family Residential
Property Sub Type
Single Family Residence
Stories
One Level

Property Description

Rare multi-family investment opportunity with seller-provided plans available to subdivide each property (Message listing agent for plans), allowing each home to be individually owned and sold — a valuable opportunity that will transfer to the new owner. Situated on just shy of 2.5 acres, this property features six separate units, each with its own address and separately metered utilities, including one 4-bedroom, 1-bath unit, three 3-bedroom, 1-bath units, one 2-bedroom, 1-bath unit, and one 1-bedroom, 1-bath unit. Offering a unique blend of immediate income and future upside, three units are currently occupied by long-term month-to-month tenants, while the remaining three vacant units provide the flexibility to renovate, reposition, or lease at current market rents. This is an opportunity that opens the door to multiple investment strategies — whether that’s creating long-term rental cash flow, executing a value-add resale plan, or building out a diversified portfolio with exit flexibility already in place. Properties with this level of versatility, land size, and future potential are rarely available.

Additional Information

Pool Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
6

Listing courtesy of Listing Agent: Marcus Rodriguez (info@myagentmarcus.com) from Listing Office: Keller Williams Property Team.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.