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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 FR23101709
Sold Date 09/01/23
Bedrooms 2
Full Baths 1
Half Baths 1
Construction Status Updated/Remodeled
HOA Y/N No
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 Yg10 - Oakhurst
Zoning RMS
Rooms
Other Rooms Guest House Detached
Main Level Bedrooms 2
Ensuite Laundry Electric Dryer Hookup, Stacked
Interior
Interior Features Beamed Ceilings, Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Granite Counters, Attic, Bedroom on Main Level
Laundry Location Electric Dryer Hookup,Stacked
Heating Ductless, Electric, ENERGY STAR Qualified Equipment, Fireplace(s), Wood
Cooling Ductless, ENERGY STAR Qualified Equipment
Flooring Laminate
Fireplaces Type Living Room
Fireplace Yes
Appliance Dishwasher, ENERGY STAR Qualified Appliances, Free-Standing Range, Microwave, Propane Oven, Propane Range, Propane Water Heater, Refrigerator, Range Hood, Vented Exhaust Fan, Water To Refrigerator, Water Heater, Dryer, Washer
Laundry Electric Dryer Hookup, Stacked
Exterior
Garage Driveway Level, Gravel, Off Street, Uncovered
Fence Wood
Pool None
Community Features Rural
Utilities Available Electricity Connected, Propane
View Y/N Yes
View Neighborhood, Trees/Woods
Roof Type Composition
Porch Covered, Front Porch, Porch
Parking Type Driveway Level, Gravel, Off Street, Uncovered
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Foundation Pillar/Post/Pier
Sewer Holding Tank, Septic Tank
Water Well
Architectural Style Cottage
Level or Stories Two
Additional Building Guest House Detached
New Construction No
Construction Status Updated/Remodeled
Schools
High Schools Yosemite
School District Yosemite Unified
Others
Senior Community No
Tax ID 066370004
Acceptable Financing Cash, Cash to New Loan, Conventional, Fannie Mae
Listing Terms Cash, Cash to New Loan, Conventional, Fannie Mae
Financing Conventional
Special Listing Condition Standard
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Bought with Robert Hastey • MVP Commercial
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