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128 Park Street

Madera, CA 93637
  • $640,000
  • STATUS: Pending
  • ON SITE: 18 Days
  • ID#: 629824
Pending
UPDATED: 205 min ago
$640,000
  • 8
    BEDS
  • 0.15
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,952
    SQFT
  • $217
    $/SQFT
Neighborhood:
637
Type:
Multi-Family
Built:
1978
County:
Area:
637

School Information

Elementary School:
Middle School:
High School:
School District:

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.

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© 2025 Fresno Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2025-05-23T23:46:37.507.
www.yourfresnorealty.com/homes/163379366
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128 Park Street Madera, CA 93637

  • Price: $640,000
  • Status: Pending
  • On Site: 18 Days
  • Updated: 205 min ago
  • ID#: 629824
8
Beds
4
Baths
0
½ Baths
0.15
Acres
2,952
SQFT
$217
$/SQFT
1978
Built
Neighborhood:
637
County:
Madera
Area:
637
Elementary School:
James Monroe
Middle School:
Thomas Jefferson
High School:
Madera
School District:
Madera Unified
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.
Exterior Features

Exterior Stucco Parking Carport Region Urban Roofing Composition

Interior Features

Dishwasher All Units Disposal All units Fireplace None Floor Concrete Perimeter Heating And Cooling Central Heat/Cool Refrigerator All Units Stories One Stove All units

Property Features

Annual Expense 12472.00 Annual Income 45900.00 Cross Street Address Olive and Park St. Expenses Include GardenerMaintenance/RepairInsuranceWaterSewer Gas And Electric Public UtilitiesNatural Gas Income Includes Month to Month Lease Type Net Lot Measurement SqFt Lot Size Source (Tax Records) Net Income 33428.00 Property Subtype1 Quadruplex Property Subtype2 Triplex Reo Or Bank Owned No Sewer Water Public WaterPublic Sewer Square Footage Source Tax Records Tenant Pays ElectricityGasCable TV Terms ConventionalCash Transaction Type Sale

Listing provided courtesy of Sonia Estrada of Universal Realty Services, Inc: Kyle@universalrealty.org;559-298-0180.


© 2025 Fresno Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2025-05-23T23:46:37.507.
 
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