Listing ID589926
Price$1,100,000
StatusActive
Bedrooms11
Total Baths6
SqFt
4,160
Acres
0.310
CountyFresno
Year Built1980
Property TypeMulti-Family
Property Sub Type5 to 15 Units
This 5-unit complex in Clovis, California is a fantastic opportunity for investors looking for a property with a mix of updated and remodeled units. The front unit is a large 3bedroom, 2bathroom unit that has been fully remodeled, featuring modern finishes and amenities. The remaining 4 units are 2bedrooms and 1bathroom, with 2 of those units having received some updates, with on-site laundry room.The location of the complex is situated in a prime area with plenty of tenant amenities and in the highly-regarded Clovis Unified School District. This complex is turnkey ready and displays pride of ownership and would make a great addition to any existing real estate portfolio. Don't miss out on this opportunity to own a valuable income-generating property in a sought-after area. Please do not walk the grounds or disturb the tenants. AGENTS please read agent remarks.
County
Fresno
Property Sub Type
5 to 15 Units
Property Type
Multi-Family
Year Built
1980
Dishwasher
More than One unit
Disposal
More than One Unit
Fireplace
None
Floor
Wood Subfloor
Heating/Cooling
Central Heat/Cool
Refrigerator
More than One Unit
Stories
Two
Stove
More than One unit
Exterior
Stucco, Wood
Gas & Electric
Public Utilities
Lot Measurement
SqFt
Lot Square Footage
13500
Parking
Carport, Uncovered
Roofing
Composition
Sewer/Water
Public Water, Public Sewer
APN
49716009
Area
612
Cross Street Address
Barstow/Minnewawa
Directions
South on Minnewawa passed Barstow Ave, turn right on Beverly
FIPS Code
19
School District
Clovis Unified
School Name 1
Clovis
School Name 2
Clark
School Name 3
Sierra Vista
School Type 1
High School
School Type 2
Junior High School
School Type 3
Grade School
Association
Fresno MLS
Cumulative Days On Market
53
Days On Market
53
Lot Size Source
(Tax Records)
Property Disclaimer
Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.
Special Features
Private Patios
Square Footage Source
Tax Records
Total Buildings
2
Total Units
5
Agreement Type
Exclusive Right To Sell
Annual Expense
18175
Annual Income
75108
Expenses Include
Management, Gardener, Insurance, Gas, Electric, Water
Income Includes
Unit Rent, Month to Month, Lease, Both
Lease Type
Net
Net Income
56933
Price Per Acre
3549532.11
Price Per Square Foot
264.42
REO/Bank Owned
no
Sale/Options
Total Parcel Only
Sources of Income/Expenses
Owner, Limited
Tenant Pays
Electricity, Gas, Cable TV
Terms
Conventional, Cash, Submit
Transaction Type
Sale
Listing courtesy of Roy C. Cordova of Fresno Income Properties
Contact - Listing ID 589926
Fresno Income Properties - Paul Gestic
7575 N. Del Mar Avenue, Suite 102
Fresno, CA 93711
Phone: 559-438-9410
Data services provided by IDX Broker
