3143 Madison St, Carlsbad, CA 92008

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 of entertainment, dining, nightlife and live music. Carlsbad West is also consistently rated as one of the best beach communities in the country and Village Greene is Coastal Carlsbad at its finest. Unit # for Unit 1: 1 Unit # for Unit 2: 2 Unit # for Unit 3: 3 Unit # for Unit 4: 4 Number of Furnished Units: 0