$299,000
Accepting Backup Offers

71 S Melody Lane

Merced, CA 95340
971 sqft | 3 beds | 2 baths | 0.16 acres | #MC24154892
Listing OfficeRealty Executives Of Northern California
Browse 37 photos
Type:Purchase
Structure:House
Zone:Residential

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!

  • Property Details
      • InteriorEatInKitchen, BedroomOnMainLevel
      • Property SubtypeSingleFamilyResidence
      • Lot DescriptionZeroToOneUnitAcre
      • ViewNeighborhood
      • School DistrictMerced Union
      • Sewer InformationPublicSewer
      • MLS #MC24154892
      • MLS #MC24154892
      • Property TypePurchase
      • Original List Price$375,000
      • Acres0.1607
      • Utility SourcePublic
      • CountyMerced
      • Cost299000
      • Structure TypeHouse
      • Year Built1949
      • Square Feet971
      • Bedrooms3
      • Bathrooms2
      • Full Baths2
      • Stories1

Location

Paul FisherReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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