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$640,000
Est. payment /mo
8 Beds
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Pending
Purchase Type For Sale
MLS Listing ID FR25100516
Bedrooms 8
Property Sub-Type Res Income 2-4 Units
Property 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.
Location
State CA
County Madera
Zoning Public Rec
Direction From Olive go south. The Complex is on the right on Park.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Tax ID 012013015
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Listed by Gautam Atri Universal Realty Services, Inc
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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