Residential Income in Fresno

$1,700,000

1527 Van Ness, 93728, Fresno, CA

Residential Income for sale in Fresno, 1527 Van Ness, 93728, 6700 m²

1527 Van Ness, 93728, Fresno, CA

$1,700,000

8Bed
6700
Type: Residential Income

Description

Exceptional multifamily investment opportunity featuring 10 fully occupied units and strong rental income. This well-performing property offers investors immediate cash flow with no current vacancies and a proven occupancy history.The building has recently received a fresh exterior paint job, enhancing curb appeal and contributing to the property's overall pride of ownership. Conveniently located in Fresno's Historic District, the property benefits from its proximity to Fresno City College, Fresno High School, and the popular Tower District, providing tenants with easy access to shopping, dining, entertainment, and educational opportunities.The first building features 8 units with 2 of them being studios. The second building has two large units as well. It also features 5 garages and 5 storage. Currently 5 garages are rented at $100 per month making it an additional $400 in revenue per month.With quick access to Highway 41 and Highway 180, residents enjoy convenient commuting throughout Fresno and the surrounding areas. Whether you're a seasoned investor or looking to add an income-producing asset to your portfolio, this well-maintained 10-unit property presents an outstanding opportunity in a highly desirable rental market.

Location

1527 Van Ness, 93728, Fresno, CA

Data

Object TypeResidential Income
Purchase Price$1,700,000
Living Space6700 m²
Plot Size571.42 m²
BathroomsN/A
Construction Year1935
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeN/A
Primary Energy SourceN/A
Construction Year1935
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent