8
See all 8 photos
$950,000
Est. payment /mo
7 Beds
5 Baths
Pending
13671 Road 28 Madera, CA 93638
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Pending
Purchase Type For Sale
MLS Listing ID MC24140087
Bedrooms 7
Property Sub-Type Res Income 2-4 Units
Property Description
Two parcels together are available for purchase: 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 Public Rec
Direction From Olive Ave and Ave 14, head south on Road 28, property on your left
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Tax ID 034130033
Listed by Ernesto Ochoa Keller Williams Property Team