71 S Melody Lane, Merced, CA 95340

$299,000 Asking Price

3 beds
2 baths
971  sqft
Built in 1949

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!

Features & Amenities

Interior

Laundry:
Washer Hookup,Gas & Electric Dryer HU
Flooring:
Tile
A/C:
Central Forced Air
Heating:
Forced Air Unit
Fireplace:
N/K

Exterior

Pool:
None
Parking:
Parking spaces: 0

Construction

General:
1 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Merced

Lot

Zoning:
R-1-6, 006062013000
View:
Neighborhood

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
Realty Executives Of Northern California, Zoe Alexander

About Merced, CA

Housing

Number of Units
35,066
Median Home Value
$267,488
Median Rent
$939

53.63% of housing units are renter occupied.

5.65% are vacant.

Commute

Car
78.13%
Public Transportation
1.49%
Walk to Work
2.14%
Work from Home
13.70%
Other
4.11%

The median travel time to work is 23 minutes.

People

Population
108,534
Median Age
30.60
Median Household Size
3.26

Education

High School
21.89%
Associate’s Degree
9.59%
Bachelor’s Degree
10.12%
Graduate Degree
6.41%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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