Douglas Dart
This listing was posted on RealtyWW.
$960,000
Home For Sale In Fresno, California
Price:
$960,000
BR/BA:
8 BR, 8 BA
Location:
422 N Glenn Ave, Fresno, CA
Description:
Introducing a prime investment opportunity in the heart of Fresno - an eight-unit apartment complex that seamlessly combines modern amenities with strategic location. Nestled on a sprawling lot exceeding 10, 000 square feet, this property boasts three buildings, six garages, and shared backyards for an added appeal. Each of the one-bedroom, one-bathroom units within this complex is equipped with inside laundry hook-ups and dual-pane windows, ensuring convenience and energy efficiency for tenants. The thoughtful upgrades extend to the entire complex, with a full remodel in 2020 and re-roofing of two buildings in 2019. A number of units also feature brand new water heaters, minimizing maintenance concerns. Strategically positioned near downtown Fresno and the vibrant Tower district, residents enjoy easy access to an array of stores, restaurants, and cultural events. The location not only enhances the property's desirability but also contributes to a steady stream of potential tenants. For savvy investors, the enticing capitalization rate hovers just below 5%, with the potential for further growth by adjusting rental rates. With meticulous renovations, contemporary features, and an optimal location, this eight-unit apartment complex presents a rare opportunity to capitalize on Fresno's dynamic real estate market. Don't miss your chance to secure a promising investment with both immediate returns and future appreciation potential.For more details: https://realtyww.info/homes_fresno-d523876/for-sale_i69299807
Property Type:
Single-Family Houses
Posted:
March 11 on RealtyWW
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More About this Listing: Home For Sale In Fresno, California
Home For Sale In Fresno, California is a Eight Bedroom Eight Bath Single-Family Homes for Sale at 422 N Glenn Ave in Fresno CA. Find other listings like Home For Sale In Fresno, California and listings near 422 N Glenn Ave by searching Oodle Classifieds for Eight Bedroom Eight Bath Single-Family Homes for Sale in Fresno CA.
Home For Sale In Fresno, California is a Eight Bedroom Eight Bath Single-Family Homes for Sale at 422 N Glenn Ave in Fresno CA. Find other listings like Home For Sale In Fresno, California and listings near 422 N Glenn Ave by searching Oodle Classifieds for Eight Bedroom Eight Bath Single-Family Homes for Sale in Fresno CA.