Madera, CA 93637,128 Park ST
Madera, CA 93637,128 Park ST
Madera, CA 93637,128 Park ST
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$640,000
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6,534 Sqft Lot
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128 Park ST Madera, CA 93637

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Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID FR25100516

HOA Y/N No

Year Built 1978

Lot Size 6,534 Sqft

Property Sub-Type Apartment

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

Area Md637 - Madera 93637

Interior

Fireplace No

Laundry Common Area

Exterior

Carport Spaces 4

Pool None

Community Features Urban

Total Parking Spaces 4

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 012013015

Acceptable Financing Cash, Conventional, Government Loan

Listing Terms Cash, Conventional, Government Loan

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Gautam Atri • Universal Realty Services, Inc • 559-917-1113

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128 Park ST