• Asking Price See Price
  • Estimated Value: $312,379
  • HOT CANAL MERCED, CA 95341

  • 2 Beds 1 Bath 544 SqFt
  • Multi-family (5 or more units) / REO Foreclosure

Property Details for CANAL St, MERCED, CA 95341

Features

Facts

Description

This is an REO, meaning this property has been foreclosed on because the owner couldn't meet their payments. The bank now owns this property. Most banks are not set up to own homes, and are often motivated to sell you the home at a discounted price.

Great fixer opportunity! 2 homes located on one lot in Merced. Loads of potential for the right buyer to come in and make these homes truly shine! Fix it up, live in one and rent the other for income potential. Each home is modest in size and features 2 bedrooms and 1 full bathroom. Main home is approx. 544sqft per tax records, 2nd home appears to be slightly larger. Located on a corner lot with plenty of street parking space. Properties are fenced with chain link fencing. Properties with this potential don't come available very often. Property overall conditions may limit financing options. Spacious corner lot. Come take a look today to see if this property is right for you! **By policy, non-owner occupied offers will not be considered until after 30 days in MLS. Owner occupant buyers get first look, but we do not respond to any offers during the first 7 days in MLS.**

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