Property Detail

1567 Ellen

Merced CA 95341

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$650,000

Status: Active

Property Details

Description

Located in a rental-driven neighborhood, this fully occupied fourplex offers a total of 8 Bedrooms | 4 Bathrooms with 3,360 Sq Ft of living space on an 8,077 Sq Ft lot. Built in 1980. Central heat and air throughout. All units are two-bedroom, one-bath layouts. An additional room can be converted into a shared laundry area to create extra income potential. Both downstairs units enjoy private backyard space, and every unit includes an additional storage room. Conveniently located near schools and parks, with shopping, freeway access, and everyday amenities just minutes away. Ideal long-term hold income property with steady rental demand. Simple buy-and-hold opportunity. Perfect for a first multifamily purchase, 1031 exchange, or portfolio expansion.

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