402 S Dearing Avenue

    Fresno, CA 93702
    • $639,900
    • STATUS: Active
    • ON SITE: 57 days
    • ID#: 516526
    UPDATED: 53 min ago
    $639,900
    • 14
      BEDS
    • 0.42
      ACRES
    • 10
      BATHS
    • 0
      1/2 BATHS
    • 6,328
      SQFT
    • $101
      $/SQFT
    Neighborhood:
    702
    Type:
    Multi-Family
    Built:
    1960
    County:
    Area:
    702

    School Information

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

    Description

    Well maintained corner units located in area of like and kind properties featuring (6) 1 bedroom 1 bath units and (4) 2 bedroom 1 bath units along with a nice coin-op laundry. Carports in the rear have been updated with metal roofing added and the exterior has been painted in the last couple years. Most tenants are long term. Current CAP is 5.0% but there is room to move it to 6.8% if the new owner wants.

    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: 2019-03-22T21:47:10.98.
    www.realtorsoledad.com/homes/91125183

    402 S Dearing Avenue Fresno, CA 93702

    • Price: $639,900
    • Status: Active
    • Updated: 53 min ago
    • ID#: 516526
    14
    Beds
    10
    Baths
    0
    ½ Baths
    0.42
    Acres
    6,328
    SQFT
    $101
    $/SQFT
    1960
    Built
    Neighborhood:
    702
    County:
    Fresno
    Area:
    702
    Elementary School:
    Olmos
    Middle School:
    Kings Canyon
    High School:
    Sunnyside
    School District:
    Fresno Unified
    Property Description
    Well maintained corner units located in area of like and kind properties featuring (6) 1 bedroom 1 bath units and (4) 2 bedroom 1 bath units along with a nice coin-op laundry. Carports in the rear have been updated with metal roofing added and the exterior has been painted in the last couple years. Most tenants are long term. Current CAP is 5.0% but there is room to move it to 6.8% if the new owner wants.
    Exterior Features

    Exterior StuccoStone Parking CarportCovered Region Urban Roofing Composition

    Interior Features

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

    Property Features

    Annual Expense 31771.45 Annual Income 63224.97 Cross Street Address S/ Huntington & W/Chestnut Expenses Include ManagementGardenerMaintenence/RepairInsuranceAccounting/LegalLicense/AdsWaterSewerTaxes Gas And Electric Public Utilities Income Includes Unit RentLaundry Lease Type Net Lot Measurement Sqft Lot Size Source (Tax Records) Net Income 31453.52 Property Subtype1 5 To 15 Units Reo Or Bank Owned No Sewer Water Public WaterPublic Sewer Square Footage Source Tax Records Tenant Pays ElectricityGas Transaction Type Sale

    Listing provided courtesy of Michael Garabedian of London Properties, 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: 2019-03-22T21:47:10.98.
     
    RE/MAX Gold
    7050 N. Fresno St. Suite #204
    Fresno CA, 93720