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    397 N Calaveras Street N , #101

    Fresno, CA 93701
    • $750,000
    • STATUS: Pending
    • ON SITE: 23 days
    • ID#: 554401
    Pending
    UPDATED: 35 min ago
    $750,000
    • 14
      BEDS
    • 0.26
      ACRES
    • 7
      BATHS
    • 0
      1/2 BATHS
    • 4,907
      SQFT
    • $153
      $/SQFT
    Neighborhood:
    701
    Type:
    Multi-Family
    Built:
    1986
    County:
    Area:
    701

    School Information

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

    Description

    Check out this excellent, cash flowing, 7 unit apartment complex at 397 N Calaveras! This property would make a great addition to any investment portfolio. It is located in the Lowell neighborhood, an up and coming neighborhood in Downtown Fresno. The current owner and professional property management have taken excellent care of this property. Rents have been kept high and there are currently no rent delinquencies. The property has its own coin-op laundry room providing additional revenue. Each unit has 2 bedrooms and 1 bathroom. 3 units are upstairs and 4 units downstairs. There are 11 parking spaces, 7 in back that are covered and gated and 4 more uncovered spaces in front. The current owner has enjoyed a low turnover rate partly due to the fact that the gated yard provides areas for kids to play safely. 5 of the units are section 8 providing guaranteed income. Drive by and see it today!

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    © 2021 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: 2021-03-05T10:46:35.583.
    www.yourfresnorealty.com/homes/114089499
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    397 N Calaveras Street N , #101 Fresno, CA 93701

    • Price: $750,000
    • Status: Pending
    • Updated: 35 min ago
    • ID#: 554401
    14
    Beds
    7
    Baths
    0
    ½ Baths
    0.26
    Acres
    4,907
    SQFT
    $153
    $/SQFT
    1986
    Built
    Neighborhood:
    701
    County:
    Fresno
    Area:
    701
    Elementary School:
    Anthony
    Middle School:
    Tehipite
    High School:
    Roosevelt
    School District:
    Fresno Unified
    Property Description
    Check out this excellent, cash flowing, 7 unit apartment complex at 397 N Calaveras! This property would make a great addition to any investment portfolio. It is located in the Lowell neighborhood, an up and coming neighborhood in Downtown Fresno. The current owner and professional property management have taken excellent care of this property. Rents have been kept high and there are currently no rent delinquencies. The property has its own coin-op laundry room providing additional revenue. Each unit has 2 bedrooms and 1 bathroom. 3 units are upstairs and 4 units downstairs. There are 11 parking spaces, 7 in back that are covered and gated and 4 more uncovered spaces in front. The current owner has enjoyed a low turnover rate partly due to the fact that the gated yard provides areas for kids to play safely. 5 of the units are section 8 providing guaranteed income. Drive by and see it today!
    Exterior Features

    Exterior Wood Facilities Utility Room Parking CarportCoveredUncoveredOne Space Per UnitMore Than One Space Region Urban Roofing Composition Yard FencedMature Landcsape

    Interior Features

    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 32925.00 Annual Income 68472.00 Cross Street Address Blackstone/Belmont Documents Available Roof InspectionPestProfit & Loss Expenses Include ManagementGardenerMaintenence/RepairInsuranceGasElectricWaterSewerTaxesVacancy Factor Gas And Electric Public Utilities Income Includes Unit RentLaundry Lease Type Net Leased Equipment Washer/Dryer (S) Lot Measurement Sqft Lot Size Source (Tax Records) Net Income 35546.00 Property Subtype1 5 To 15 Units Reo Or Bank Owned No Sale Options Total Parcel Only Sewer Water Public WaterPublic Sewer Special Features Security Gate Square Footage Source Tax Records Tenant Pays ElectricityGasCable Tv Terms ConventionalCashOwner Carry Transaction Type Sale

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


    © 2021 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: 2021-03-05T10:46:35.583.
     
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