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$299,000
3 bed
2 bath
971 Sqft
6,999 Sqft lot

71 S Melody Lane, Merced, California 95340

  • Residential Property Type
  • 27 Days Time on market
  • $308 Price per sqft
  • 1949 Year Built
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!

Basic Details
Residential
Buy
MC24154892
$299,000
3
2
971 Sqft
1949
6,999 Sqft
Activeundercontract
Single Family Residence
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Virtual Tour
Features
: Central
: Central Air
: Neighborhood
: Electric Oven, Electric Range
: Park, Street Lights
0
$0
: Public Sewer
Address
CA
Merced
Merced
95340
71 S Melody Lane
71
Lane
0
W121° 31' 54.1''
N37° 19' 44.8''
S
Additional Information
27
1
1
1
2
: One
1
: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
0
0 Sqft
1
0 Sqft
0 Sqft
: Assessor
: Additionallivingquarters
0.16 Sqft
6,999 Sqft
1
: No Common Walls
0 Sqft
R-1-6
006062013000
$0
$0
$0
$0
1
$0
$0
0 Sqft
1
0 Sqft
$0
1
1
29/09/2024
25/11/2024 00:00:00
$325,000
: Standard
Cash,Conventional,AllFinancingConsidered
G St to Melody Ln. Follow the numbers
Realty Executives Of Northern California
Zoe Alexander
mc188
mcalexzo
$0
144
: Tile
1
: Acreage
1
: House
1
yes
1
: Square Feet
1
31
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US-06047-N-006062013000-R-N
SingleFamilyResidence
28/07/2024 16:37:53
Melody
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