482 W Minarets Avenue

    Pinedale, CA 93650
    • $549,000
    • STATUS: Active
    • ON SITE: 22 days
    • ID#: 516653
    UPDATED: 47 min ago
    $549,000
    • 10
      BEDS
    • 0.76
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    • 3,312
      SQFT
    • $166
      $/SQFT
    Neighborhood:
    650
    Type:
    Multi-Family
    County:
    Area:
    650

    School Information

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

    Description

    Fully occupied 5-Plex in North Fresno with Clovis Unified School District (known the best) is for sale. Rents are low, can be increased to raise the cap rate/income. Cap rate based on current rent is over 7.00%. All units are remodeled with dual pane windows and new stucco outside. Three units have central A/C and two have window A/C's. New roof is installed on all units with warranty. Each unit has 2BR-1BA, are like a mini suite/home in it's own. Walls are not shared for privacy reason. Each unit has their own backyard and inside laundry. Agent is principal and related to sellers. Please do not walk grounds and or disturb tenants. Financials are available upon acceptance of offer. Buyer to verify all info related to property and financials prior to close of escrow. Write offer subject to inspection and verification of financials.

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    © 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: 2019-02-16T11:47:22.617.
    www.realtorsoledad.com/homes/91174337

    482 W Minarets Avenue Pinedale, CA 93650

    • Price: $549,000
    • Status: Active
    • Updated: 47 min ago
    • ID#: 516653
    10
    Beds
    5
    Baths
    0
    ½ Baths
    0.76
    Acres
    3,312
    SQFT
    $166
    $/SQFT
    Neighborhood:
    650
    County:
    Fresno
    Area:
    650
    Elementary School:
    Pinedale
    Middle School:
    Kastner
    High School:
    Clovis West
    School District:
    Clovis Unified
    Property Description
    Fully occupied 5-Plex in North Fresno with Clovis Unified School District (known the best) is for sale. Rents are low, can be increased to raise the cap rate/income. Cap rate based on current rent is over 7.00%. All units are remodeled with dual pane windows and new stucco outside. Three units have central A/C and two have window A/C's. New roof is installed on all units with warranty. Each unit has 2BR-1BA, are like a mini suite/home in it's own. Walls are not shared for privacy reason. Each unit has their own backyard and inside laundry. Agent is principal and related to sellers. Please do not walk grounds and or disturb tenants. Financials are available upon acceptance of offer. Buyer to verify all info related to property and financials prior to close of escrow. Write offer subject to inspection and verification of financials.
    Exterior Features

    Exterior StuccoBrick Parking CarportUncoveredMore Than One Space Region Urban Roofing Composition

    Interior Features

    Fireplace None Floor Wood Subfloor Heating And Cooling Central Heat/CoolFloor Or Wall HeatWindow Or Wall A/C Stories One Stove All Units

    Property Features

    Annual Expense 9547.00 Annual Income 48540.00 Cross Street Address Ingram Disclosures Agent/Owner RelatedOtherSee Remrks/Attchmnts Documents Available LeasesProfit & Loss Expenses Include GardenerMaintenence/RepairInsuranceLicense/AdsWaterSewerTaxes First Loan Type Free & Clear Gas And Electric Public Utilities Income Includes Unit RentLease Lease Type Net Lot Measurement Sqft Lot Size Source (Tax Records) Net Income 38993.00 Property Subtype1 5 To 15 Units Reo Or Bank Owned No Sale Options Total Parcel Only Sewer Water Public Water Square Footage Source Tax Records Tenant Pays ElectricityGasCable Tv Transaction Type Sale Year Built Exception Unknown

    Listing provided courtesy of Haninder Dang of Real Estate Solutions.


    © 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: 2019-02-16T11:47:22.617.
     
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