13671 Road 28 Pending

Madera,CA 93638

$ 950000

3 Beds

2 Baths

1100 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Pending

Purchase Type For Sale

Square Footage 1,100 sqft

Price per Sqft $863

MLS Listing ID CRMC24132318

Bedrooms 3

Full Baths 2

Year Built 1944

Lot Size 13 Sqft

Property Sub-Type Triplex

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

Interior

Cooling Central AC

Fireplaces Type Other

Exterior

Pool None

View Local/Neighborhood

Building

Lot Description Grade - Level

Story One Story

Water District - Public

Others

Special Listing Condition Not Applicable

View More
Favorite Go Tour