122 N College Avenue

    Fresno, CA 93701
    • $380,000
    • STATUS: Active
    • ON SITE: 11 days
    • ID#: 520927
    UPDATED: 64 min ago
    $380,000
    • 8
      BEDS
    • 0.13
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 3,520
      SQFT
    • $108
      $/SQFT
    Neighborhood:
    701
    Type:
    Multi-Family
    Built:
    1970
    County:
    Area:
    701

    School Information

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

    Description

    This is a great cash flowing property in the heart of the Lowell District. Tenants enjoy being in close distance to all that downtown Fresno has to offer while also near the tower district. Roof and HVACs were installed within the last few years. Unit 101 and 201 were updated in 2015 and units 102 and 202 just finished being updated (see pics). Units 102 and 202 are currently vacant with committed tenants moving in soon. Professionally managed by Neighborhood Property Management for the last 4 years. Current owner is projecting $18,000 net income over the next 12 months.

    Monthly Payment Calculator



    © 2019 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: 2019-04-20T21:46:36.383.
    www.realtorsoledad.com/homes/93499649

    122 N College Avenue Fresno, CA 93701

    • Price: $380,000
    • Status: Active
    • Updated: 64 min ago
    • ID#: 520927
    8
    Beds
    4
    Baths
    0
    ½ Baths
    0.13
    Acres
    3,520
    SQFT
    $108
    $/SQFT
    1970
    Built
    Neighborhood:
    701
    County:
    Fresno
    Area:
    701
    Elementary School:
    Lowell
    Middle School:
    Tehipite
    High School:
    Roosevelt
    School District:
    Fresno Unified
    Property Description
    This is a great cash flowing property in the heart of the Lowell District. Tenants enjoy being in close distance to all that downtown Fresno has to offer while also near the tower district. Roof and HVACs were installed within the last few years. Unit 101 and 201 were updated in 2015 and units 102 and 202 just finished being updated (see pics). Units 102 and 202 are currently vacant with committed tenants moving in soon. Professionally managed by Neighborhood Property Management for the last 4 years. Current owner is projecting $18,000 net income over the next 12 months.
    Exterior Features

    Exterior Wood Parking Carport Region Urban Roofing Composition Yard Sprinkler - FrontSprinkler - Auto

    Interior Features

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

    Property Features

    Annual Expense 14886.01 Annual Income 23983.80 Cross Street Address Divisadero Expenses Include ManagementGardenerMaintenence/RepairGasElectricWaterSewer First Loan Type Non-Assumable Gas And Electric Public Utilities Income Includes Unit RentLaundryOther Lease Type Net Leased Equipment Washer/Dryer (S) Lot Measurement Sqft Lot Size Source (Tax Records) Net Income 9097.79 Property Subtype1 Quadruplex Reo Or Bank Owned No Sale Options Total Parcel Only Sewer Water Public WaterPublic Sewer Square Footage Source Tax Records Tenant Pays ElectricityGas Transaction Type Sale

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


    © 2019 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: 2019-04-20T21:46:36.383.
     
    RE/MAX Gold
    7050 N. Fresno St. Suite #204
    Fresno CA, 93720