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642 Thorne Avenue N
Fresno, CA 93728
Other (Other)
0.15 Acres
3643 Sqft Living Area
9 Bedrooms
7 Bathrooms (7 Full, 0 Half)
Year Built: 1927
$750,000
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Property Description
Rare CASH-FLOWING 7 unit apartment building in the Tower District!There are 5 studio units and 2 2 bedroom units.Excellent 6.1% Cap Rate 9.82 GRM! All rents are current. No delinquencies.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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Contact Details
Name: Diane Tycangco
Email: Diane.tycangco@exprealty.com
MLS Listing Id: 612408
Agent Phone: (336) 228-4
List Agent License:
Office Name: eXp Realty of California, Inc.
Office Phone: (888) 584-9427
Office MLS Id: 82731
Listing Status: Active
Copyright © 2024 Fresno Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Copyright © 2024 OpenHous, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
