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$ 910,000
Est. payment | /mo
8 Beds
8,760 Sqft Lot
$ 910,000
Est. payment | /mo
8 Beds
8,760 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID FR25266521
Bedrooms 8
Lot Size 8,760 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Excellent income-producing opportunity in a high-demand Clovis location. This well-maintained 5-unit apartment building offers a 7% cap rate, steady rents, and long-term performing tenants. The property includes four 2BD/1BA units and one upgraded 2BD/2BA unit, each with its own carport and patio; 4 of 5 in which boast updates throughout the interior. Additional features include on-site laundry for tenant convenience. Located near grocery stores, coffee shops, schools, and major commuter routes with quick access to the airport. Strong rental demand and a tenant base make this a reliable addition to any investment portfolio.
Location
State CA
County Fresno
Zoning Public Rec
Direction Take Highway 41 south, exit on Ashlan Ave. Continue east for about 2 miles. Make a U-Turn on Peach Ave. The apartment is on the
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 43063233
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Amanda Miller eXp Realty of Northern California, Inc.
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Krystal Lane
Partner | Lic# 1918284