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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14BEDS
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0.26ACRES
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7BATHS
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01/2 BATHS
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4,907SQFT
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$153$/SQFT
School Information
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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