Skip To Content

511 N Yosemite Avenue , A-F

Fresno, CA 93728
  • $639,900
  • STATUS: Active
  • ON SITE: 15 Days
  • ID#: 608028
UPDATED: 31 min ago
$639,900
  • 4
    BEDS
  • 0.09
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 2,630
    SQFT
  • $243
    $/SQFT
Neighborhood:
728
Type:
Multi-Family
Built:
1953
County:
Area:
728

School Information

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

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.

Monthly Payment Calculator



© 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: 2024-02-28T06:46:34.1.
www.yourfresnorealty.com/homes/147553637
Print Image

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

  • Price: $639,900
  • Status: Active
  • On Site: 15 Days
  • Updated: 31 min ago
  • ID#: 608028
4
Beds
6
Baths
0
½ Baths
0.09
Acres
2,630
SQFT
$243
$/SQFT
1953
Built
Neighborhood:
728
County:
Fresno
Area:
728
Elementary School:
Muir
Middle School:
Fort Miller
High School:
Fresno
School District:
Fresno Unified
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.
Exterior Features

Exterior StuccoBrick Facilities Utility Room Parking CarportCovered Region Urban Roofing Composition Yard FencedMature Landcsape

Interior Features

Fireplace None Floor Concrete Perimeter Heating And Cooling Floor or Wall HeatWindow or Wall A/C Stories Two

Property Features

Annual Expense 22596.00 Annual Income 64914.00 Cross Street Address belmont and fulton Documents Available Profit & Loss Expenses Include ManagementGardenerMaintenance/RepairAccounting/LegalGasElectricWaterSewer Gas And Electric Public Utilities Income Includes Unit Rent Lease Type Net Leased Equipment Washer/Dryer (s) Lot Measurement SqFt Lot Size Source (Tax Records) Net Income 42318.00 Property Subtype1 5 to 15 Units Reo Or Bank Owned No Sewer Water Public Water Special Features Security Gate Square Footage Source Tax Records Tenant Pays ElectricityGas Terms ConventionalCash Transaction Type Sale Unique Conditions 1031 Exchange

Listing provided courtesy of Douglas Dart of Dart Realty: Douglas@goDARTrealty.com;559-442-4141.


© 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: 2024-02-28T06:46:34.1.
 
https://bt-photos.global.ssl.fastly.net/fresno/1280_boomver_1_608028-2.jpg https://bt-photos.global.ssl.fastly.net/fresno/1280_boomver_1_608028-2.jpg https://bt-photos.global.ssl.fastly.net/fresno/1280_boomver_1_608028-2.jpg
Logo
Your Fresno Realty | REAL Broker
53 Amber Ave
Clovis CA, 93611