About 132 W 18th Street
Worldbid auction - Court Ordered. 15 unit apartment complex is the heart of Merced. Under market rents! Qualifying round sealed bids due April 23, 2025 Noon PT. Proof of funds to close required with bid submission. Completely non contingent auction. Buyers must conduct due diligence in advance of the auction. If you are obtaining a loan, lender approval letter required with bid submission. Gated 2 story complex. Proforma rents of $191,688. 86.7% occupied. Review the offering memorandum for bidding information and property information. Seller is not providing any inspection reports. Current appraised value $900,000.Sealed bid auction contract attached. Review property information at Braunworldbid.com/commercial property auctions.
Features of 132 W 18th Street
| MLS® # | 225032567 |
|---|---|
| Price | $400,000 |
| Bedrooms | 14 |
| Bathrooms | 0.00 |
| Square Footage | 7,256 |
| Acres | 0.34 |
| Year Built | 1962 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 132 W 18th Street |
|---|---|
| Area | 20407 |
| City | Merced |
| County | Merced |
| State | CA |
| Zip Code | 95340-4939 |
Amenities
| Parking Spaces | 15 |
|---|---|
| Parking | Covered |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Individual |
|---|---|
| Cooling | See Remarks |
| Fireplace | No |
| # of Stories | 2 |
| Has Basement | No |
Exterior
| Lot Description | Curb(s) |
|---|---|
| Construction | Stucco |
| Foundation | See Remarks |
School Information
| District | Merced Union High |
|---|
Additional Information
| Date Listed | March 18th, 2025 |
|---|---|
| Zoning | mf |
Listing Details
| Agent | Anthony E Fitzgerald |
|---|---|
| Office | Premiere Estates International Real Estate |