Description
Experience the perfect blend of investment potential and tenant appeal with this well-maintained multi-family property in the heart of madera. offering four thoughtfully designed units, each featuring two bedrooms and one bathroom, this income-generating asset is primed for long-term stability and financial growth. private patios provide a welcoming outdoor retreat, while dedicated carport parking ensures convenience for residents. the on-site laundry facilities further enhance tenant satisfaction. one unit has been tastefully remodeled, adding value and increasing rent potential.
this fourplex is fha-eligible, making it an ideal opportunity for owner-occupants seeking to leverage low down payment financing while benefiting from rental income. the property meets fha guidelines for multi-unit residences and offers a promising avenue for both first-time buyers and seasoned investors alike.
located near madera high school, shopping centers, and essential amenities, this property enjoys strong rental demand and easy access to daily necessities. with reliable rental income, attractive financing options, and room for future appreciation, this investment opportunity is one to seize. whether you're expanding your portfolio or searching for a property that combines homeownership with investment rewards, this four-unit complex delivers exceptional value in a thriving community.
Property Type
Residential IncomeCounty
MaderaStyle
Residential IncomeAD ID
49641384
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
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Exterior Features
Building Information
- Year Built: 1978
- Building Area Total: 2,952
Pool Features
- None
Laundry Features
- Common Area
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.15
- Lot Size Source: Assessor
- Lot Size Square Feet: 6534
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Listing Information
Listing Price Information
- Original List Price: 640,000
- Listing Contract Date: 2025-04-24
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 012013015
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: MD637 - Madera 93637
- Postal Code Plus 4: 5356
- Directions: From Olive go south. The Complex is on the right on Park.
- Source Property Type: Residential Income
- Area: MD637 - Madera 93637
- Property SubType: Apartment
Building and Construction
- Property Age: 47
- Common Walls: 2+ Common Walls
- Structure Type: Apartment
- Year Built Source: Public Records
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
- Levels or Stories: One
- Building Total Stories: 1
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BuyOwner last updated this listing 05/10/2025 @ 14:02
- MLS: FR25100516
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 2,952 sqft, 6,534 sized lot, and 0 parking. are nearby neighborhoods.