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Sold for $295,000 on 12/27/24
  • Listing Provided by: 

    Zoe Alexander DRE #02054494 209-347-7264,

    Realty Executives Of Northern California

    Bought with: First 1st Choice Realty Group
    $295,000

    71 S Melody Ln, Merced, CA 95340

    3beds
    971sqft
    Single Family Residence
    Built in 1949
    6,999 Square Feet Lot
    $283,800 Zestimate®
    $304/sqft
    $1,843 Estimated rent

    Owner options

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    $1,843/mo

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    $1,843/mo

    Rent Zestimate®

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    $1,802/mo

    Est. payment

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    $1,802/mo

    Est. payment

    What's special

    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!

    Zillow last checked: 8 hours ago

    Listing updated: January 13, 2025 at 06:22pm

    Listing Provided by:

    Zoe Alexander DRE #02054494 209-347-7264,

    Realty Executives Of Northern California

    Bought with:

    David Maclachlan, DRE #01317347

    First 1st Choice Realty Group

    Source: CRMLS,MLS#: MC24154892MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Electric Oven, Electric Range
    • Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
    Features
    • Eat-in Kitchen, Bedroom on Main Level
    • Flooring: Tile
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 971 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Pool features: None
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 6,999 sqft
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 006062013000
    • Zoning: R-1-6
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1949

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Park, Street Lights
    Location
    • Region: Merced

    Other

    Other facts
    • Listing terms: Cash,Conventional,1031 Exchange