819-831 W Cambridge Avenue

    Fresno, CA 93705
    • $1,399,999
    • STATUS: Active
    • ON SITE: 19 days
    • ID#: 518469
    Price Reduced
    UPDATED: 84 min ago
    $1,399,999
    • 26
      BEDS
    • 1.38
      ACRES
    • 18
      BATHS
    • 0
      1/2 BATHS
    • 11,750
      SQFT
    • $119
      $/SQFT
    Neighborhood:
    705
    Type:
    Multi-Family
    Built:
    1963
    County:
    Area:
    705

    School Information

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

    Description

    When looking for value add apartments they don't get better than 819-831 Cambridge. The building sits on a huge parcel of land that could support more units (Check with City for Current Zoning Rules), Is Single Story and laid out in a manner where tenants have space. In addition the new owners can enjoy increased returns by actively managing the building as current owners have help for over 10 years and not raised rents in meaningful ways. If you want a big value add play then these 18 units are perfect for you.

    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: 2019-03-19T17:47:06.51.
    www.realtorsoledad.com/homes/92186685

    819-831 W Cambridge Avenue Fresno, CA 93705

    • Price: $1,399,999
    • Status: Active
    • Updated: 84 min ago
    • ID#: 518469
    26
    Beds
    18
    Baths
    0
    ½ Baths
    1.38
    Acres
    11,750
    SQFT
    $119
    $/SQFT
    1963
    Built
    Neighborhood:
    705
    County:
    Fresno
    Area:
    705
    Elementary School:
    Fremont
    Middle School:
    Fort Miller
    High School:
    Fresno
    School District:
    Fresno Unified
    Property Description
    When looking for value add apartments they don't get better than 819-831 Cambridge. The building sits on a huge parcel of land that could support more units (Check with City for Current Zoning Rules), Is Single Story and laid out in a manner where tenants have space. In addition the new owners can enjoy increased returns by actively managing the building as current owners have help for over 10 years and not raised rents in meaningful ways. If you want a big value add play then these 18 units are perfect for you.
    Exterior Features

    Exterior Brick Facilities Utility Room Parking Carport Region Urban Roofing Other

    Interior Features

    Dishwasher None Disposal More Than One Unit Fireplace None Floor Concrete Perimeter Heating And Cooling Central Heat/CoolWindow Or Wall A/C Refrigerator More Than One Unit Stories One Stove More Than One Unit

    Property Features

    Annual Expense 35517.00 Annual Income 139428.00 Cross Street Address Mckinley/Fruit Expenses Include ManagementMaintenence/RepairGasElectricWaterSewer Gas And Electric Public UtilitiesNatural Gas Income Includes Unit RentBoth Lease Type Net Lot Measurement Sqft Net Income 103911.00 Property Subtype1 16 Units & More Reo Or Bank Owned No Sewer Water Public WaterPublic Sewer Special Features On-Site Manager Square Footage Source Tax Records Tenant Pays ElectricityGasCable Tv Transaction Type Sale

    Listing provided courtesy of Amanda Santana of Realty Unlimited Group.


    © 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: 2019-03-19T17:47:06.51.
     
    RE/MAX Gold
    7050 N. Fresno St. Suite #204
    Fresno CA, 93720