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$899,000
Est. payment /mo
3 Beds
2 Baths
28.7 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID MC26024430
Bedrooms 3
Lot Size 28.700 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
A truly unique opportunity to acquire a versatile rural investment property featuring three separate single-family residences on one approximately 28.7-acre parcel, offering in-place rental income, additional income potential, and long-term flexibilityall within A-1 Agricultural zoning. The property includes three individual 3-bedroom, 2-bath homes, each approximately 1,224 sq ft with an attached two-car garage. Each residence is separately served by its own private domestic well, private septic system, and individual propane tank. Two of the three residences are currently rented month-to-month to long-term tenants at $1,500 and $1,600 per month, generating $3,100 in current monthly rental income. The third residence is currently vacant, providing an opportunity for additional rental income or potential owner occupancy. The seller reports that the three-home configuration is a legal, conforming agricultural use and that the residences were constructed with permits. Buyer to independently verify permits, zoning, allowable uses, and all other property information. Beyond the residences, the property offers substantial open acreage suitable for a variety of agricultural, livestock, recreational, or other uses permitted by the applicable zoning. A separate agricultural well is located on the property; however, the well is currently not equipped with a pump or power. Buyer to independently investigate and verify the condition, capacity, feasibility of use, groundwater availability, and requirements to make the agricultural well operational. Whether you're an investor seeking ren
Location
State CA
County Merced
Zoning Assessor
Direction From Highway 99, take the Minturn Road exit and head towards Le Grand. Take a right on Le Grand road then a right on Clausen.
Interior
Cooling Central Forced Air
Fireplace No
Exterior
Utilities Available Septic Installed
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 068320024000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Kyle Kinsley, DRE#01976108 Zuffalo Real Estate
Nearby School & Business
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