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$639,900

Est. payment - /mo

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4 BD

6 BA

2,630 SqFt

Pending

511 N Yosemite Avenue Unit A-F Fresno, CA 93728

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

UPDATED:

07/24/2024 09:28 PM

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

Parking Type Carport, Covered

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

Listed by Douglas Dart • Dart Realty

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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