2355 K STREET

Merced, CA 95340
$3,150,000
0.52 acres | #MC24209964
Courtesy of Soldavi Inc.

Description

Welcome to “The Palms,” home to the UC Merced Bobcats. This completely renovated 22-Unit apartment complex is in the heart of Merced. Built in 1960 with a stable tenant profile, situated on a 20,000+ Sq. Ft. lot. With a mix of 18 Studio units and 4 one bedroom units, each residence has been recently upgraded with vinyl flooring, new kitchen cabinets, beautiful countertops, and sleek new bathrooms. The Palms property has two buildings with studios of 411 living square footage, and 1-bedrooms with 565 of living square footage. This apartment has an on-site laundry facility, new 30-year composition roof, all new iron gate fencing & enclosed private gate parking for all residents.

  • Interior Details
    • Interior Features
      • Interior:Balcony
  • Property Details
    • Property
      • View:Neighborhood
      • Stories:2
    • Measurements
      • Acres:0.5165
  • Construction Details
    • Type & Style
      • Property type:Multi-Family
    • Condition
      • Year built:1960
    • Material information
      • Foundation:Slab
  • Utilities / Energy Details
    • Utility
      • Sewer information:PublicSewer
      • Utility source:Public
      • Utility features:CableAvailable, ElectricityAvailable, PhoneAvailable
  • Community and Neighborhood Details
    • Location
      • County:Merced
  • Financial Details
    • Pricing Details
      • Original List Price:$3, 150, 000
  • Other
    • Source
      • MLS #:MC24209964

Location

The Alcantara GroupReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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