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$549,000
Est. payment /mo
0.4 Acres Lot
UPDATED:
10/24/2024 12:34 PM
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID MP24219448
HOA Y/N No
Year Built 1950
Lot Size 0.405 Acres
Property Description
Commercial & Residential Opportunity with Two Income-Producing Units on State Highway 49N! This prime property, located just minutes from downtown Mariposa, offers significant growth potential and flexibility with multiple density use zoning (#165). Situated among large commercial and county buildings, it's a strategic location for future development. The property features two well-maintained duplexes, each offering a 1-bedroom, 1-bath unit with a strong rental history, currently generating approximately $18,000 in gross annual income and offering plenty of room to build the Taj Ma - Hal. The parcel provides ample parking and is serviced by MPUD water and sewer, with monthly costs around $120.00 With the county building departments nearby and various commercial possibilities, this is an ideal investment for expanding rental units or adding large commercial developments the possibilities are endless (buyer to verify with the county). Don’t miss this unique opportunity—call today to learn more!
Location
State CA
County Mariposa
Area Mp1 - Mariposa 1
Interior
Heating Fireplace(s), Wood, Wall Furnace
Cooling None
Fireplace No
Laundry Inside, See Remarks
Building
Lot Description 2-5 Units/Acre, Gentle Sloping, Rolling Slope, Trees
Story 1
Water Public
Others
Tax ID 0130100130
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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Listed by Julie Gerken • EXP Realty of California Inc. • 209-628-0830