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Madera,CA 93638
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID MC24132318
Bedrooms 3
Full Baths 2
Year Built 1944
Lot Size 13.240 Acres
Property Description
Two parcels are available for purchase: individually or together. The first is a 12.36-acre tract of open land, offering the versatility to either construct your dream home/ranchette or just farm it. The second parcel is a 0.88-acre ranchette comprising of three single-family homes, all currently leased on a month-to-month basis. Acquiring both parcels opens the potential for a subdivision into 91 single-family lots, as illustrated in the attached "conceptual" subdivision map. Presently, there are three occupied rental homes: a 3-bedroom, 2-bath, 1100-square-foot main house with a carport; a 2-bedroom, 2-bath, 800-square-foot second house; a 2-bedroom, 1-bath, 600-square-foot third house and potentially room to build a 4th house. Each residence boasts a unique address and individual PG&E gas meters. This presents an excellent investment to buy and hold or to immediately commence the development process!
Location
State CA
County Madera
Zoning AR-5
Rooms
Ensuite Laundry See Remarks
Interior
Laundry Location See Remarks
Cooling Central Air
Fireplaces Type See Remarks
Laundry See Remarks
Exterior
Pool None
Community Features Urban
Utilities Available Cable Connected,Electricity Connected
View Y/N Yes
View Neighborhood
Building
Lot Description 6-10 Units/Acre,Agricultural,Horse Property,Level,Street Level
Dwelling Type Triplex
Story 1
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Madera Unified
Others
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard