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228 N College Avenue

Fresno, CA 93701
  • $780,000
  • STATUS: Active
  • ON SITE: 123 Days
  • ID#: 605798
$780,000
  • 4
    BEDS
  • 0.14
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 3,118
    SQFT
  • $0
    $/SQFT
Neighborhood:
701
Type:
Multi-Family
Built:
1917
County:
Area:
701

School Information

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

Description

Presenting 228 N College Ave, this property is currently being offered at a 7.2 CAP rate on actual financials. This is a beautiful 6 unit property on a great street in Downtown Fresno that would make a great addition to any investors portfolio. The property consists of three studios, two 1bed/bath and one 2 bed/1bath units. It has been completely remodeled including new plumbing and electrical! All units come complete with microwaves, dishwashers, and refridgerators. Everything is in great shape. Also included is an owned coin-op laundry machine for added income. Please contact your agent or the listing agent for more info.Unit/Rents101 - 1/1 - $1100/month102 - 2/1-$1000/month201 - Studio - $900/month202 - Studio - $1300/month203 - 1/1 - $725/month232 - Studio - $900/month

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© 2024 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: 2024-04-03T23:46:40.807.
www.yourfresnorealty.com/homes/146060682
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228 N College Avenue Fresno, CA 93701

  • Price: $780,000
  • Status: Active
  • On Site: 123 Days
  • ID#: 605798
4
Beds
6
Baths
0
½ Baths
0.14
Acres
3,118
SQFT
$0
$/SQFT
1917
Built
Neighborhood:
701
County:
Fresno
Area:
701
Elementary School:
Rowell
Middle School:
Tehipite
High School:
Roosevelt
School District:
Fresno Unified
Property Description
Presenting 228 N College Ave, this property is currently being offered at a 7.2 CAP rate on actual financials. This is a beautiful 6 unit property on a great street in Downtown Fresno that would make a great addition to any investors portfolio. The property consists of three studios, two 1bed/bath and one 2 bed/1bath units. It has been completely remodeled including new plumbing and electrical! All units come complete with microwaves, dishwashers, and refridgerators. Everything is in great shape. Also included is an owned coin-op laundry machine for added income. Please contact your agent or the listing agent for more info.Unit/Rents101 - 1/1 - $1100/month102 - 2/1-$1000/month201 - Studio - $900/month202 - Studio - $1300/month203 - 1/1 - $725/month232 - Studio - $900/month
Exterior Features

Exterior Wood Facilities Utility Room Parking Carport Region Urban Roofing Composition Site Amenities Corner Yard Sprinkler - FrontSprinkler - AutoFenced

Interior Features

Dishwasher All Units Disposal All units Fireplace None Floor Wood Subfloor Heating And Cooling Window or Wall A/C Refrigerator More than One Unit Stories Two Stove All units

Property Features

Annual Expense 15291.00 Annual Income 71700.00 Cross Street Address Divisadero Expenses Include GardenerMaintenance/RepairInsuranceGasElectricWaterSewerTaxesVacancy Factor Gas And Electric Public Utilities Income Includes Unit RentLaundry Lease Type Net Lot Measurement SqFt Lot Size Source (Tax Records) Net Income 56409.00 Property Subtype1 5 to 15 Units Reo Or Bank Owned No Sale Options Total Parcel Only Sewer Water Public WaterPublic Sewer Square Footage Source Seller Tenant Pays ElectricityGasCable TV Terms ConventionalCash Transaction Type Sale

Listing provided courtesy of Jeffrey Zimmerman of Realty Concepts, Ltd. - Fresno: accounting@realtyconcepts.com;559-490-1500.


© 2024 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: 2024-04-03T23:46:40.807.
 
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