MLS® ID: 19043808

1406 East Alexander Avenue

Merced, California, 95340

$155,000 Pending Sale
  • - SQFT
Two adjacent MULTI-RESIDENTIAL lots for sale, centrally located in the within city limits. Merced has been coined as The City On The Rise and is one of the fastest growing county's in the state! Seller has plans for a 6 unit apartment complex. Both lots together will consist of just under a half acre with room for potentially more units. This location is just a short drive to UC Merced, one of the fastest growing UC's in the state. The vacancy rates in Merced are already historically low making it a perfect time to add a multi-residential property to the market. With UC Merced's 2020 Plan, student count is expected to be around 10,000 by the year 2020. Merced College, Mercy Medical Center, Merced High School, Chenoweth Elementary, Merced Mall and much more. You also have Downtown Merced which is on the path of REVITALIZATION with new hotels, plenty of restaurants, theatre, nightlife and the future hub for the ACE Train and High Speed Rail!
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Listing courtesy of London Properties, LTD

Amenities

  • Zip
    95340
  • Office name
    London Properties, LTD
  • Property type
    Residential Lot
  • Zoning type
    Multi-Residential
  • School district
    Merced
  • Elementary school
    Merced City
  • Junior high
    Merced City
  • High school
    Merced Union High
  • Sewer
    Sewer at Site
  • Agent name
    Ernesto Ochoa
  • Purchase Type
    Pending Sale
  • HOA fees
    $ 0
  • Price Range
    $100k-$200k
  • Office ID
    01LDPS04
  • Agent ID
    MOCHOAER

Location

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