Listing Agent: Marcus Rodriguez      Broker/Office: Keller Williams Property Team
24 26th Street W Merced CA 95340
$ 389,000
  3   |    2   |    924 Sq Feet

Listing ID

#MC26117201

Status

Active

Property Type

Single Family Residence

County

Merced

Year Built

1925

Days on website

3

Description
Turnkey investment opportunity in an established Merced neighborhood featuring a fully remodeled 2-bedroom, 1-bath main home and a separate 1-bedroom, 1-bathroom ADU on a generous 7,500-square-foot lot. Currently generating $2,750 per month in rental income, with the main home leased at $1,550 per month and the ADU leased at $1,200 per month. Both units have been extensively updated, including new electrical and plumbing, providing peace of mind for years to come. Each unit is separately metered, and tenants currently pay all utilities and property maintenance, helping keep ownership expenses low. Current leases expire in early August, offering flexibility for investors seeking rental income, the opportunity to adjust rents, or potential owner-occupancy options. With strong in-place cash flow, major system upgrades already completed, and a desirable location within an established neighborhood, this property presents an excellent opportunity for both seasoned and first-time investor.
Location
Financial Information
List Price:  $ 389000
Property Features
Appliances:  Microwave
Community Features:  Sidewalks, Suburban
High School District:  Merced City
Laundry Features:  Inside
Levels:  One
Lot Features:  Lawn
Parking Features:  Driveway, Garage
Senior Community YN:  false
Structure Type:  House
View:  Neighborhood
Water Source:  Public
High School District:  Merced City
Senior Community YN:  false
City:  Merced
Listed By:   Marcus Rodriguez   Keller Williams Property Team 
CA Lic#