Listing ID592339
Price$864,000
StatusActive
Bedrooms8
Total Baths6
SqFt
4,338
Acres
0.287
CountyFresno
Year Built1950
Property TypeMulti-Family
Property Sub Type5 to 15 Units
This is a classic older 1950's single lever six-plex with a large center courtyard, in a well settled and mature area in a Central Fresno Neighborhood. There is a mix of one and two bedroom units, all are rented with good performance records, and owned by a landlord who has always maintained the property accordingly. Per the seller it has passed the City of Fresno inspections along with the H.A. inspections. Located within a close distance to restaurants, shopping, theatres, and freeway access, this good income producing property would fit any rental portfolio. DO NOT WALK ON TO THE PROPERTY as tenants do not know the property is for sale. Write offers subject to the approval of the buyer once access is granted.''
County
Fresno
Property Sub Type
5 to 15 Units
Property Type
Multi-Family
Year Built
1950
Fireplace
None
Floor
Concrete Perimeter
Heating/Cooling
Evaporative, Floor or Wall Heat
Stories
One
Exterior
Stucco
Gas & Electric
Public Utilities
Lot Measurement
SqFt
Lot Square Footage
12500
Parking
Carport
Roofing
Composition
Sewer/Water
Public Sewer
APN
44326326
Area
704
Cross Street Address
Clinton / Blackstone
Directions
South on Blackstone from Shields and west on Harvard Ave. which is 2 blocks north of Clinton.
FIPS Code
19
School District
Fresno Unified
School Name 1
Fresno
School Name 2
Fort Miller
School Name 3
Del Mar
School Type 1
High School
School Type 2
Junior High School
School Type 3
Grade School
Association
Fresno MLS
Cumulative Days On Market
16
Days On Market
16
Lot Size Source
(Tax Records)
Property Disclaimer
Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.
Square Footage Source
Tax Records
Total Units
6
Agreement Type
Exclusive Right To Sell
Annual Expense
23951
Annual Income
68160
Expenses Include
Management, Gardener, Maintenance/Repair, Insurance, Accounting/Legal, Water, Sewer, Taxes, Vacancy Factor
Income Includes
Unit Rent
Lease Type
Net
Net Income
44209
Price Per Acre
3010452.96
Price Per Square Foot
199.17
REO/Bank Owned
no
Sources of Income/Expenses
Owner
Tenant Pays
Electricity
Transaction Type
Sale
Unique Conditions
1031 Exchange
Listing courtesy of Michael T Garabedian of London Properties, Ltd.
Contact - Listing ID 592339
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
