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$ 640,000
Est. payment /mo
New
128 Park ST Madera, CA 93637
8 Beds
4 Baths
2,952 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex,Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,952 sqft
Price per Sqft $216
MLS Listing ID 629824
Bedrooms 8
Full Baths 4
HOA Y/N No
Year Built 1978
Lot Size 6,534 Sqft
Property Sub-Type Quadruplex,Triplex
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
Interior
Cooling Central Heat/Cool
Fireplaces Type None
Appliance Refrigerator: All Units, Dishwasher: All Units, Disposal: All units, Stove: All units
Exterior
Parking Features Carport
Utilities Available Public Utilities, Natural Gas Connected
Roof Type Composition
Building
Lot Description Urban
Story 1
Foundation Concrete Perimeter
Sewer On, Public Sewer
Water Public
Schools
High Schools Madera Unified
Listed by Universal Realty Services, Inc.
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