511 N Yosemite Avenue Unit A-F Pending Save Request In-Person Tour Request Virtual Tour
Fresno,CA 93728
Key Details
Property Type Multi-Family
Sub Type 5 to 15 Units
Listing Status Pending
Purchase Type For Sale
Square Footage 2,630 sqft
Price per Sqft $243
MLS Listing ID 615918
Bedrooms 4
Year Built 1953
Lot Size 3,750 Sqft
Property Description
Discover a prime investment opportunity in Fresno's thriving real estate landscape - a meticulously maintained 6-unit complex with a blend of two studios and four 1-bedroom apartments. Secured by four covered parking stalls, this property offers immediate stability with potential for increased returns through rent adjustments.Located within walking distance to the vibrant Tower District, residents enjoy easy access to shops, clubs, and restaurants. Proximity to Freeway 168, 99, and 41 ensures convenience and connectivity. The fully gated complex features a courtyard, adorned with a rock fountain flowing into a Koi pond, providing a serene retreat.Architecturally distinguished by black iron, red bricks, and a white building, these units have undergone recent remodels, showcasing a perfect blend of classic charm and modern comfort. Tenant convenience is elevated with a coin operated laundry room featuring a washer and dryer.Surrounded by mature landscaping and trees, this complex exudes a tranquil ambiance. Boasting a well-maintained status and a solid capitalization rate of over 5.5% at current rents, seize the opportunity to add a strategic income-generating asset to your portfolio. With proximity to downtown Fresno offices, Fulton Mall, breweries, restaurants, and cultural hubs, this investment promises both immediate returns and long-term growth. Act now to secure your stake in Fresno's dynamic real estate market.
Location
State CA
County Fresno
Area 728
Interior
Heating Floor or Wall Heat,Window or Wall A/C
Cooling Floor or Wall Heat,Window or Wall A/C
Flooring Concrete Perimeter
Fireplaces Type None
Exterior
Exterior Feature Stucco,Brick
Garage Carport,Covered
Utilities Available Washer/Dryer (s)
Roof Type Composition
Building
Story Two
Sewer Public Water
Water Public Water
Schools
Elementary Schools Muir
Middle Schools Fort Miller
High Schools Fresno
School District Fresno Unified
Others
Acceptable Financing Conventional,Cash
Listing Terms Conventional,Cash
Special Listing Condition 1031 Exchange