898 Yosemite Parkway, Merced, CA 95341

Property Description

2 HOMES ON ONE LOT - INCOME PRODUCING OPPORTUNITY IN MERCED! Live in one, rent the other, or rent both and maximize your cash flow with this rare chance to own a versatile multi-unit property featuring two separate homes, each with its own gas and electric meters, offering flexibility, convenience, and strong income potential. The main home offers 3 bedrooms, 1 bathroom, an inviting open-concept layout connecting the living room, dining, and kitchen areas, indoor laundry, and a covered patio, creating a functional space for everyday living and entertaining, and is currently tenant-occupied providing immediate rental income from day one. The second home features 2 bedrooms, 1 bathroom, an updated kitchen, indoor laundry, and a covered carport, making it ideal for additional rental income, or extended family. Both homes have been well maintained and include newer roofs, dual-pane windows, and private yard areas, enhancing long-term value, energy efficiency, and tenant appeal. Situated on a desirable corner lot, the property offers ample parking and accessibility, making it highly attractive for multiple occupants or future tenants. Conveniently located in an established Merced neighborhood with easy freeway access and close proximity to schools, shopping, dining, and everyday amenities, plus within driving distance to Yosemite National Park, adding even more appeal for long-term or potential short-term rental opportunities (buyer to verify). This property checks all the boxes for investors looking to expand their portfolio with a high-demand, multi-unit asset or for buyers looking to offset their mortgage through rental income. Opportunities like this don't come often; add this to your investment portfolio or create your own house-hack strategy today!