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!
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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