REDUCED AGAIN FOR QUICK SALE- 3 - tenant building located in Central Merced, down the street from the new Starbucks building recently built & across the street from 7-11 and Sonic franchises. Close to 99 freeway access. Current tenants are an automotive repair shop in the rear with alley access and in one of the front units a phone repair store. rents currently are $995 for front unit with a 3 year lease & $1,100 for the rear unit 1 year left on his lease which tenant is willing to stay, and rent will be going up to $1,400/month,. 3rd unit is on standby with letter of intent for $1,900/month. Water,Sewer, & Garbage costs are approx. $180/month. and management fees are only 5% with current property management company willing to stay on board current insurance is approx. $1,380 annually. Tenants currently split the cost on Water, sewer & garbage bill.
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