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    116 N Yosemite Avenue

    Fresno, CA 93701
    • $655,000
    • STATUS: Active
    • ON SITE: 27 days
    • ID#: 547356
    Price Reduced
    UPDATED: 52 min ago
    $655,000
    • 8
      BEDS
    • 0.26
      ACRES
    • 8
      BATHS
    • 0
      1/2 BATHS
    • 4,232
      SQFT
    • $155
      $/SQFT
    Neighborhood:
    701
    Type:
    Multi-Family
    Built:
    1980
    County:
    Area:
    701

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Excellent investment opportunity adjacent to Mural District in Downtown Fresno. Current rents are below market rate and there is value to be added with simple cosmetic improvements. 8 units all 1 bed / 1 bath with separate gas/electric meters. Each unit has central heating and cooling. All units have tile floors throughout and simple functional floor plans. The property has its own private parking lot with 8 covered parking stalls and 4 uncovered. The complex has a history of full occupancy and there is high demand from renters. Seller is motivated. Please do NOT disturb tenants! Drive by only.

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    © 2020 Fresno Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2020-09-29T11:46:40.243.
    www.fresyesrealty.com/homes/109585146
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    116 N Yosemite Avenue Fresno, CA 93701

    • Price: $655,000
    • Status: Active
    • Updated: 52 min ago
    • ID#: 547356
    8
    Beds
    8
    Baths
    0
    ½ Baths
    0.26
    Acres
    4,232
    SQFT
    $155
    $/SQFT
    1980
    Built
    Neighborhood:
    701
    County:
    Fresno
    Area:
    701
    Elementary School:
    Muir
    Middle School:
    Fort Miller
    High School:
    Fresno
    School District:
    Fresno Unified
    Property Description
    Excellent investment opportunity adjacent to Mural District in Downtown Fresno. Current rents are below market rate and there is value to be added with simple cosmetic improvements. 8 units all 1 bed / 1 bath with separate gas/electric meters. Each unit has central heating and cooling. All units have tile floors throughout and simple functional floor plans. The property has its own private parking lot with 8 covered parking stalls and 4 uncovered. The complex has a history of full occupancy and there is high demand from renters. Seller is motivated. Please do NOT disturb tenants! Drive by only.
    Exterior Features

    Exterior Wood Parking Carport Region Urban Roofing Composition

    Interior Features

    Fireplace None Floor Concrete Perimeter Heating And Cooling Central Heat/Cool Stories Two

    Property Features

    Annual Expense 13000.00 Annual Income 57600.00 Cross Street Address Voorman Expenses Include ManagementInsuranceWaterSewerTaxes Gas And Electric Public Utilities Income Includes Unit Rent Lease Type Net Lot Measurement Sqft Lot Size Source (Tax Records) Net Income 44600.00 Property Subtype1 5 To 15 Units Reo Or Bank Owned No Sewer Water Public WaterPublic Sewer Square Footage Source Tax Records Tenant Pays ElectricityGasCable Tv Transaction Type Sale

    Listing provided courtesy of Derek Feramisco of Rc Commercial.


    © 2020 Fresno Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2020-09-29T11:46:40.243.
     
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    Fresyes Realty
    7785 N. Palm Ave #108
    Fresno CA, 93711