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$1,400,000
Est. payment /mo
7 Beds
4 Baths
2.25 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID FR25263485
Bedrooms 7
Lot Size 2.250 Acres
Property Sub-Type Res Income 2-4 Units
Type of Financing Cash,Conventional
Property Type Res Income 2-4 Units
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
Zoning Assessor
Direction From Highway 41, turn left on Avenue 12. The property will be on your right, shortly after Road 36
Interior
Fireplace No
Exterior
Utilities Available Septic Installed
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 034232010
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Alex Salazar, DRE#01723956 RE/MAX Gold
Nearby School & Business
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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