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642 N Thorne Avenue

Fresno, CA 93728
  • $750,000
  • STATUS: Active
  • ON SITE: 68 Days
  • ID#: 612408
Price Reduced
UPDATED: 49 min ago
$750,000
  • 9
    BEDS
  • 0.15
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
  • 3,643
    SQFT
  • $206
    $/SQFT
Neighborhood:
728
Type:
Multi-Family
Built:
1927
County:
Area:
728

School Information

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

Description

Rare 7 unit apartment building in the Tower District!There are 5 studio units and 2 2 bedroom units. Shared front and backyard. No HOA fees. Separate electric meters. Only 15 minutes away from Fresno State University. The location provides easy access to Hwy 99 and nearby shopping at Costco, Walmart Supercenter, Home Depot, Target.Property is occupied and so please refrain from walking the grounds or disturbing the tenants.This is an excellent opportunity for investors to capitalize on a well-established propertyin the growing city of Fresno.

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© 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: 2024-07-22T19:47:06.8.
www.yourfresnorealty.com/homes/150512907
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642 N Thorne Avenue Fresno, CA 93728

  • Price: $750,000
  • Status: Active
  • On Site: 68 Days
  • Updated: 49 min ago
  • ID#: 612408
9
Beds
7
Baths
0
½ Baths
0.15
Acres
3,643
SQFT
$206
$/SQFT
1927
Built
Neighborhood:
728
County:
Fresno
Area:
728
Elementary School:
Muir
Middle School:
Fort Miller
High School:
Fresno
School District:
Fresno Unified
Property Description
Rare 7 unit apartment building in the Tower District!There are 5 studio units and 2 2 bedroom units. Shared front and backyard. No HOA fees. Separate electric meters. Only 15 minutes away from Fresno State University. The location provides easy access to Hwy 99 and nearby shopping at Costco, Walmart Supercenter, Home Depot, Target.Property is occupied and so please refrain from walking the grounds or disturbing the tenants.This is an excellent opportunity for investors to capitalize on a well-established propertyin the growing city of Fresno.
Exterior Features

Exterior Stucco Region Urban Roofing Composition Yard Sprinkler - ManualFenced

Interior Features

Disposal All units Fireplace None Floor Concrete Perimeter Heating And Cooling Window or Wall A/C Refrigerator All Units Stories Two Stove All units

Property Features

Annual Expense 30632.00 Annual Income 76140.00 Cross Street Address E Thomas Ave Disclosures Other Documents Available Leases Expenses Include ManagementGardenerMaintenance/RepairInsuranceElectricWaterSewerTaxes First Loan Type Non-Assumable Gas And Electric Public Utilities Income Includes Unit RentMonth to MonthLease Lease Type Net Lot Measurement SqFt Lot Size Source (Tax Records) Net Income 45508.00 Property Subtype1 5 to 15 Units Reo Or Bank Owned No Sewer Water Public WaterPublic Sewer Square Footage Source Tax Records Tenant Pays ElectricityGas Terms GovernmentConventionalCash Transaction Type Sale Unique Conditions 1031 Exchange

Listing provided courtesy of Diane Tycangco of eXp Realty of California, Inc.: ca.broker@exprealty.net;888-584-9427.


© 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: 2024-07-22T19:47:06.8.
 
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