$1,499,000

1219 Tahoe Street

Merced CA, 95348

Description

Major price reduction!!! Sellers are extremely motivated to sell so they can join the rest of their family who live in Oklahoma. Buy this SERIOUS MONEY MAKER today!INCOME:$103,524 annually ($42,324 for solar, $19,200 for renovated mobile home & $42,000 for main home). Mobile is currently rented. Or put 20% down, the P&I payment is $5396/month w/ a 30 year loan @ 3% interest. The income for solar & mobile home is $5127/month (DO THE MATH IT LEAVES A PAYMENT OF $269/MONTH). It's a no brainer of a deal for any buyer. W/O solar & mobile home income this property is still worth 1 million. (2017 appraisal amount was 725k). You're missing out if you don't take advantage of this awesome buy/smart investment. Country living at its finest. Click on link for video tour! Enjoy 20 acres of land with a 2820 sq ft, 5 bed, 2 bath home plus loft. Home features open concept and fully updated upgrades including; new carpet, hardwood flooring & custom ceilings. The Ranch also includes a 1400 sq ft Mobile Home and an income generating solar farm. The updated mobile home is situated on its own private fenced lot and includes 3 bed, 2 bath and comes equipped with quartz counters, split wing, & indoor laundry. The property also includes vinyl fencing surrounding the property. There is also a 2 story multipurpose building, small animal pen, playhouse w/ loft, horse stables, tack room, sheep pen, chicken pen, fruit trees, playground & cattle pen. Both homes had the roof replaced about 2 years ago. Too much to list.

Details

MLS#OC20239300
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1995
Days On Site157

Features

Bed(s)5
Bath(s) 2 Total
SQ Feet2,820
Story(s)1
Acreage20.00
Water FrontNo
Property ViewYes
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Area Information
StateCA
CountyMerced
CityMerced
Zip Code95348
School DistrictMerced Union
Listing VS Median (in 95348)
Price:
$1,499,000
low | high
Med:
$364,450
100% of Average
SqFt:
2,820
low | high
Med:
2,010
78.723404255319% of Average
$ / SqFt:
$532
low | high
Med:
$184
100% of Average
On Site:
157
low | high
Med:
71
100% of Average
Sourced by Back At You
Listing Updated: April 17, 2021 7:32:01 PM PDT
Jake Thomas LogoMLS Number: OC20239300
Listing Provided By:
Jake Thomas  of  661 Realty
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.