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$ 1,500,000
Est. payment | /mo
11 Beds
8 Baths
4,941 SqFt
$ 1,500,000
Est. payment | /mo
11 Beds
8 Baths
4,941 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,941 sqft
Price per Sqft $303
MLS Listing ID 640075
Bedrooms 11
Full Baths 8
HOA Y/N No
Year Built 2002
Lot Size 2.250 Acres
Property Sub-Type Quadruplex
Property Description
This exceptional multi-use investment opportunity sits on 2.25 acres of premium Avenue 12 frontage in the heart of Madera Ranchos. The property includes four income-producing multifamily units with the flexibility to add additional rentals or build retail space thanks to its commercial zoning. It features a 1,200 square foot townhouse with a spacious attached shop/garage, along with a detached 3-bedroom, 2-bathroom home totaling 1,647 square feet that is currently being operated as a business. A large duplex is also included, with each unit offering approximately 1,700 square feet, 3 bedrooms, 2 bathrooms, indoor laundry, and 2-car garages. All tenants are month-to-month, allowing for maximum freedom for future plans. A 600-foot well, drilled just six years ago, provides dependable water access for years to come. With strong visibility, current income, and endless development potential, this property is ideal for investors, developers, or business owners looking to capitalize on a rare and versatile Avenue 12 parcel. Addresses include 34681 Avenue 12 Units A & B and 34673 Avenue 12 Units A & B. Call for more information today!
Location
State CA
County Madera
Interior
Cooling Central Heat/Cool
Fireplaces Type None
Laundry In Unit
Exterior
Parking Features Garage
Garage Spaces 8.0
Utilities Available Propane
Roof Type Composition
Building
Lot Description Urban
Story 1
Foundation Concrete Perimeter, Wood Subfloor
Sewer Septic Tank
Water Private
Schools
High Schools Golden Valley
Listed by RE/MAX Gold
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Brandon Wilmoth
Agent | License ID: 02251504