$445,000
$445,000
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2 Beds
1.5 Baths
1,420 SqFt
SOLD DATE : 09/01/2023
Key Details
Sold Price $445,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,420 sqft
Price per Sqft $313
MLS Listing ID 595586
Sold Date 09/01/23
Style Cottage
Bedrooms 2
Year Built 1946
Lot Size 1.200 Acres
Property Description
Welcome to Cozy Acre Cabin, a hot income property for investors. Charming, remodeled cottage that is nearly fully booked as a 2 bed / 1 bath Airbnb, with a bonus 2/1 second unit on the property. The main house includes an attic that could be converted into a third bedroom, along with an adjacent 1/2 bath. You can design and furnish anew, to make this gem consistent with your vision, or negotiate for the purchase of all furnishings as it's listed on Airbnb to make it completely turn-key. With bookings into September we can even transition the bulk of that income to the new owner. We'll be happy to share the income reports from Airbnb since the listing went live last September. The secondary unit is a long term rental that has been renting for $1200 per month. Given the demand for long term rentals in the area, this will continue to be a valuable asset should you choose to continue that. Dual Income producing, with over 1 acre of land, and the convenience of an in-town location. Across from the community center & walkable. There are very few properties in our market that have equivalent ROI potential, so move quick, it won't last!
Location
State CA
County Madera
Area 644
Rooms
Basement None
Primary Bedroom Level Lower
Dining Room Living Room/Area
Kitchen F/S Range/Oven, Gas Appliances, Electric Appliances, Disposal, Dishwasher, Breakfast Bar, Refrigerator
Interior
Heating Ductless or Split
Cooling Ductless or Split
Flooring Laminate
Fireplaces Number 1
Fireplaces Type Masonry
Laundry Inside
Exterior
Exterior Feature Other
Roof Type Composition
Private Pool No
Building
Story Two
Foundation Wood Subfloor
Sewer Septic Tank, Private Well
Water Septic Tank, Private Well
Schools
Elementary Schools Oakhurst
Middle Schools Oak Creek
High Schools Yosemite
School District Yosemite
Others
Acceptable Financing Government, Conventional, Cash
Listing Terms Government, Conventional, Cash
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