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    3143 Madison St

    Carlsbad, CA 92008
    • $3,300,000
    • STATUS: Active
    • ON SITE: 102 days
    • ID#: 210000022
    $3,300,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2004
    County:

    School Ratings & Info

    Description

    3143 Madison Street offers: 1800sq ft 4bd-2ba, 1670 sq ft 3bd-2ba with private yard, 780 sq ft 2bd-1ba, and 1025 sq ft 2bd-1ba w/ rooftop deck. 4 car garage, parking for up to 9 cars. Communal gathering area, spa, and decks, ensure coveted tranquility to perspective tenants. Property is smart-wired, owned-solar, and very well maintained. Value add options for increased revenue. Also a great option for a large or multigenerational family. A short stroll to toes-in-the-sand and the vibrant Carlsbad Village. Village Greene is unique in design by offering residents the truest form of multiple unit living. Actual square footage via professional mapping reflects a total of 6034 square feet. Numerous unit combinations with minor interior wall adjustments make Village Greene not only an attractive investment property, but a viable candidate for a large family compound. For many years, the current owners have enjoyed cost-free occupancy of the front home while realizing net profits from the rental income. Investing buyers will delight in nominal maintenance costs, forecasted appreciation with many surrounding development projects underway, and rental income diversity. Both longterm tenancy and vacation rental income can be assigned concurrently to maximize seasonal opportunities. Appointed as 5 distinct homes, Residences 1 and 5 are easily combined to make 4 total units, inviting attractive residential financing options. Both residence 1 and 4 come with in-unit laundry, and garage parking. Communal areas include bbq and gathering areas, a 2nd level atrium deck, spa, sun deck and grass area. Parking for up to 9 cars within property lines ensure a coveted perk to perspective occupants. Solar panels supply the front house which comes equipped with its own sauna. This property has to be seen to truly appreciate all of its offerings and build quality. The thoughtful construction, layout and execution is second-to-none. Carlsbad Village offers a thriving and diverse selection o...

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-17T00:27:53.82. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty Masters & Associates. Licensed in the State of California, USA.
    www.mckeeregroup.com/homes/112991592
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    3143 Madison St Carlsbad, CA 92008

    • Price: $3,300,000
    • Status: Active
    • ID#: 210000022
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    2004
    Built
    Neighborhood:
    Carlsbad West
    County:
    San Diego
    Area:
    92008 - Carlsbad
    Property Description
    3143 Madison Street offers: 1800sq ft 4bd-2ba, 1670 sq ft 3bd-2ba with private yard, 780 sq ft 2bd-1ba, and 1025 sq ft 2bd-1ba w/ rooftop deck. 4 car garage, parking for up to 9 cars. Communal gathering area, spa, and decks, ensure coveted tranquility to perspective tenants. Property is smart-wired, owned-solar, and very well maintained. Value add options for increased revenue. Also a great option for a large or multigenerational family. A short stroll to toes-in-the-sand and the vibrant Carlsbad Village. Village Greene is unique in design by offering residents the truest form of multiple unit living. Actual square footage via professional mapping reflects a total of 6034 square feet. Numerous unit combinations with minor interior wall adjustments make Village Greene not only an attractive investment property, but a viable candidate for a large family compound. For many years, the current owners have enjoyed cost-free occupancy of the front home while realizing net profits from the rental income. Investing buyers will delight in nominal maintenance costs, forecasted appreciation with many surrounding development projects underway, and rental income diversity. Both longterm tenancy and vacation rental income can be assigned concurrently to maximize seasonal opportunities. Appointed as 5 distinct homes, Residences 1 and 5 are easily combined to make 4 total units, inviting attractive residential financing options. Both residence 1 and 4 come with in-unit laundry, and garage parking. Communal areas include bbq and gathering areas, a 2nd level atrium deck, spa, sun deck and grass area. Parking for up to 9 cars within property lines ensure a coveted perk to perspective occupants. Solar panels supply the front house which comes equipped with its own sauna. This property has to be seen to truly appreciate all of its offerings and build quality. The thoughtful construction, layout and execution is second-to-none. Carlsbad Village offers a thriving and diverse selection o...
    Exterior Features

    Roof Composition

    Interior Features

    Cooling None Cooling YN No Heating ElectricForced AirNatural Gas Heating YN Yes

    Property Features

    Cap Rate 3.7 Community Features Gated Gross Scheduled Income 159000 Levels Three Or More Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Net Operating Income 9000 Security Features Gated Community Senior Community YN No Tenant Pays See Remarks Zoning R-2-Minor

    Listing provided courtesy of Cameron Abbott of Compass


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-17T00:27:53.82. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty Masters & Associates. Licensed in the State of California, USA.
     
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