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3231 N Van Ness Boulevard

Fresno, CA 93704
  • $1,600,000
  • STATUS: Active
  • ON SITE: 56 Days
  • ID#: 575476
UPDATED: 55 min ago
$1,600,000
  • 10
    BEDS
  • 0.33
    ACRES
  • 9
    BATHS
  • 0
    1/2 BATHS
  • 8,400
    SQFT
  • $190
    $/SQFT
Neighborhood:
704
Type:
Multi-Family
Built:
1961
County:
Area:
704

School Information

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

Description

Realty Concepts is proud to present 3231 N Van Ness Blvd, a 6 unit townhome apartment complex on beautiful Van Ness Ave. Located on the border of Old Fig Garden and the Fresno High area, this property is perfect for any investor who desires pride of ownership. Currently, each unit is rented to long term tenants who are on month-to-month leases, the next owner has the option of keeping the property for long term tenants or converting into short term tenancy (i.e. posting on AirBnb). This property has the potential to achieve a 9.33% cap rate as a short term rental. The Property consists of four 2 bedroom, 1.5 bath units and two 1 bedroom, 1.5 bath units. This property features a sparkling pool, indoor coin-op laundry room, HVAC in each unit, and reserved parking for each unit. Each unit averages 1400 sqft and is across the street from Gazebo Gardens, a very poplar food truck park and beer garden. *Bedroom/Bathroom count differs from tax records, buyer to verify if important*

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© 2022 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: 2022-05-28T11:46:48.46.
www.yourfresnorealty.com/homes/127319022
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3231 N Van Ness Boulevard Fresno, CA 93704

  • Price: $1,600,000
  • Status: Active
  • On Site: 56 Days
  • Updated: 55 min ago
  • ID#: 575476
10
Beds
9
Baths
0
½ Baths
0.33
Acres
8,400
SQFT
$190
$/SQFT
1961
Built
Neighborhood:
704
County:
Fresno
Area:
704
Elementary School:
Hamilton
Middle School:
Hamilton
High School:
Fresno
School District:
Fresno Unified
Property Description
Realty Concepts is proud to present 3231 N Van Ness Blvd, a 6 unit townhome apartment complex on beautiful Van Ness Ave. Located on the border of Old Fig Garden and the Fresno High area, this property is perfect for any investor who desires pride of ownership. Currently, each unit is rented to long term tenants who are on month-to-month leases, the next owner has the option of keeping the property for long term tenants or converting into short term tenancy (i.e. posting on AirBnb). This property has the potential to achieve a 9.33% cap rate as a short term rental. The Property consists of four 2 bedroom, 1.5 bath units and two 1 bedroom, 1.5 bath units. This property features a sparkling pool, indoor coin-op laundry room, HVAC in each unit, and reserved parking for each unit. Each unit averages 1400 sqft and is across the street from Gazebo Gardens, a very poplar food truck park and beer garden. *Bedroom/Bathroom count differs from tax records, buyer to verify if important*
Exterior Features

Exterior WoodBrick Facilities PoolUtility Room Parking CarportCoveredOne Space Per Unit Region Urban Roofing Rolled CompTar & Gravel Site Amenities Corner Yard Sprinkler - FrontSprinkler - BackSprinkler - AutoFencedMature Landcsape

Interior Features

Dishwasher All Units Disposal All Units Fireplace None Floor Concrete Perimeter Heating And Cooling Central Heat/Cool Refrigerator All Units Stories Two Stove All Units

Property Features

Annual Expense 29212.00 Annual Income 82046.00 Cross Street Address Shields/Van Ness Documents Available Profit & LossCash Flow Analysis Expenses Include ManagementGardenerMaintenence/RepairGasElectricWaterSewerPoolVacancy Factor Gas And Electric Public Utilities Income Includes Unit RentLaundryMonth To Month Lease Type Net Leased Equipment Washer/Dryer (S) Lot Measurement Sqft Lot Size Source (Tax Records) Net Income 52834.00 Property Subtype1 5 To 15 Units Reo Or Bank Owned No Sale Options Total Parcel Only Sewer Water Public Water Special Features Security Gate Square Footage Source Tax Records Tenant Pays ElectricityGasCable Tv Terms ConventionalCashOwner Carry Transaction Type Sale Unique Conditions 1031 Exchange

Listing provided courtesy of Jeffrey Zimmerman of Realty Concepts, Ltd.


© 2022 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: 2022-05-28T11:46:48.46.
 
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