71 S Melody Lane

Merced, CA 95340

PRICE REDUCED

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-$76,000 (-20.27%)

$299,000

List Price

3

bed Beds

2

shower Baths

971 sqft

straighten / sqft

1949

calendar_month Built

Property Description

Investment Opportunity: Steady Income-Producing Rental Prime Merced Location | New HVAC & Windows 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!

Listing Information

List Price $299,000
Status Active
MLS MC24154892
HOA $0
Type Residential
Subtype Single Family Residence
Year Built 1949
Lot Size 6,999
Structure Size 971
DOM 96
Courtesy Of Realty Executives Of Northern California
Listing Agent Zoe Alexander DRE#02054494

Interior Features

Laundry Information
Location(s) Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Bedroom Information
Features Bedroom on Main Level
Total Bedroom
Bedrooms 3
Bathroom Information
Features Bathroom Exhaust Fan, Bathtub, Separate Shower, Walk-In Shower
Total Bathroom
Bathrooms 2
Flooring Information
Material Tile
Fireplace Information
Features None
Additional Information
Additional Features Eat-in Kitchen, Bedroom on Main Level
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: Zoe Alexander, Realty Executives Of Northern California 209-385-8500. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 2nd, 2024 at 10:54 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.