71 S Melody LN Save Request In-Person Tour Request Virtual Tour
Merced,CA 95340
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 971 sqft
Price per Sqft $307
MLS Listing ID MC24154892
Bedrooms 3
Full Baths 2
Year Built 1949
Lot Size 7,000 Sqft
Property Description
Investment Opportunity: Steady Income-Producing Rental
Prime Merced Location | The property features an HVAC system. Please note: The earlier description of a ‘new HVAC system” was an error due to a miscommunication. The system is a new (modern) central heat/ AC system not the original 1940's design.
SHE NEEDS A STYLE MAKEOVER BUT HER BONES ARE GOOD. Are you ready to turn your HGTV dreams into reality? This charming 1946 home, nestled in the heart of Merced, offers the perfect blend of character and potential.
Key Features:
This area is HOT. As North Merced develops, the prices will be going crazy. Get in while you still can.
Strong Rental History: Generate steady income with this proven rental property.
Recent Updates: Enjoy peace of mind with new central heating/air and double-paned windows.
Prime Location: Conveniently located near Raley's shopping center and UC Merced.
Expansive Lot: Explore endless possibilities with a generous 6,970 sq ft lot.
Investment Potential: Maximize your return with potential ADU development or home expansion.
Imagine the possibilities!
Rental Income: Rent to college students, working families, or even older relatives.
Airbnb Potential: Convert into a profitable short-term rental.
Outdoor Oasis: Create a backyard sanctuary with a garden, patio, or fire pit.
Don't miss this opportunity to own a rental in Merced before the prices go up in the area even more. Schedule a showing today!
Location
State CA
County Merced
Zoning R-1-6
Interior
Heating Central
Cooling Central Air
Flooring Tile
Fireplaces Type None
Laundry Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup
Exterior
Pool None
Community Features Park,Street Lights
View Y/N Yes
View Neighborhood
Building
Lot Description 0-1 Unit/Acre
Dwelling Type House
Story 1
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Merced Union
Others
Acceptable Financing Cash,Conventional,1031 Exchange
Listing Terms Cash,Conventional,1031 Exchange
Special Listing Condition Standard