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605 W Ashlan Avenue

Clovis, CA 93612
  • $899,000
  • STATUS: Active
  • ON SITE: 40 Days
  • ID#: 625195
UPDATED: 68 min ago
$899,000
  • 10
    BEDS
  • 0.18
    ACRES
  • 5
    BATHS
  • 1
    1/2 BATHS
  • 4,144
    SQFT
  • $217
    $/SQFT
Neighborhood:
612
Type:
Multi-Family
Built:
1978
County:
Area:
612

School Information

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

Description

This property presents an excellent income opportunity with spacious units in Clovis, offered at an attractive price. The front unit features 3 bedrooms and 2 bathrooms, while the two townhouse-style units each offer 2 bedrooms and 1.5 bathrooms. The upstairs unit is a 3-bedroom, 1-bathroom layout. Each unit is equipped with its own enclosed 1-car garage, with one townhouse unit having interior access to the garage. Current monthly gross rents total $4,975/m, approximately 25% below market. Recent updates include fresh exterior paint, with two units also benefiting from recent interior paint. The building's utility room is ready for coin-operated machines to generate additional income. Don't miss out on this great investment opportunity at a competitive price. Contact our office or your realtor today before it's gone! Please do not walk the grounds or disturb tenants, write offers subject to interior inspections.

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© 2025 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: 2025-03-23T15:46:34.717.
www.yourfresnorealty.com/homes/160222838
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605 W Ashlan Avenue Clovis, CA 93612

  • Price: $899,000
  • Status: Active
  • On Site: 40 Days
  • Updated: 68 min ago
  • ID#: 625195
10
Beds
5
Baths
1
½ Baths
0.18
Acres
4,144
SQFT
$217
$/SQFT
1978
Built
Neighborhood:
612
County:
Fresno
Area:
612
Elementary School:
Reagan
Middle School:
Reyburn
High School:
Clovis
School District:
Clovis Unified
Property Description
This property presents an excellent income opportunity with spacious units in Clovis, offered at an attractive price. The front unit features 3 bedrooms and 2 bathrooms, while the two townhouse-style units each offer 2 bedrooms and 1.5 bathrooms. The upstairs unit is a 3-bedroom, 1-bathroom layout. Each unit is equipped with its own enclosed 1-car garage, with one townhouse unit having interior access to the garage. Current monthly gross rents total $4,975/m, approximately 25% below market. Recent updates include fresh exterior paint, with two units also benefiting from recent interior paint. The building's utility room is ready for coin-operated machines to generate additional income. Don't miss out on this great investment opportunity at a competitive price. Contact our office or your realtor today before it's gone! Please do not walk the grounds or disturb tenants, write offers subject to interior inspections.
Exterior Features

Exterior Stucco Region Urban Roofing Composition

Interior Features

Fireplace None Floor Concrete Perimeter Heating And Cooling Central Heat/Cool Stories Two

Property Features

Annual Expense 22853.00 Annual Income 57133.00 Cross Street Address Willow Ave & W Ashlan Ave Expenses Include GasElectricWaterSewer Gas And Electric Public Utilities Income Includes Unit Rent Lease Type Net Lot Measurement SqFt Lot Size Source (Tax Records) Net Income 34280.00 Property Subtype1 Quadruplex Reo Or Bank Owned No Sewer Water Public Water Square Footage Source Tax Records Tenant Pays ElectricityGas Transaction Type Sale

Listing provided courtesy of Jin Kim of The JKRE Investment Group: Jeff@JKREgroup.com;559-212-4489.


© 2025 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: 2025-03-23T15:46:34.717.
 
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