Description
Rare Madera multifamily opportunity, Class B fourplex offered in conjunction with the adjacent 816 Sherwood Way (also listed on MLS). Seller has owned both properties for nearly 24 years and is looking for both to close concurrently. Unit mix consists of two 3-bedroom/2-bathroom flats and two 2-bedroom/1.5-bathroom townhome-style units. Each unit includes a dedicated single-car garage, and the property features an on-site laundry room for additional income. Tenants are billed back for water, sewer, and disposal via a RUBS charge. Current rents are below market, presenting a clear value-add opportunity for an incoming investor. SB 721 elevated elements inspection completed 5/13/2025, with no immediate repairs necessary. The report is available in the due diligence folder. Do not disturb tenants.
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10BEDS
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0.27ACRES
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7BATHS
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01/2 BATHS
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4,204SQFT
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$172$/SQFT
School Information
Description
Rare Madera multifamily opportunity, Class B fourplex offered in conjunction with the adjacent 816 Sherwood Way (also listed on MLS). Seller has owned both properties for nearly 24 years and is looking for both to close concurrently. Unit mix consists of two 3-bedroom/2-bathroom flats and two 2-bedroom/1.5-bathroom townhome-style units. Each unit includes a dedicated single-car garage, and the property features an on-site laundry room for additional income. Tenants are billed back for water, sewer, and disposal via a RUBS charge. Current rents are below market, presenting a clear value-add opportunity for an incoming investor. SB 721 elevated elements inspection completed 5/13/2025, with no immediate repairs necessary. The report is available in the due diligence folder. Do not disturb tenants.
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