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511 Yosemite Avenue N
Fresno, CA 93728

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Property Details


List Price: $639,900
Beds: 4
Baths: 6
Status: Active
SqFt: 2630
Agency: Dart Realty

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Description/Comments


Lot Size: --
Property Type: MultiFamily
Year Built: 1953
Notes: Discover a prime investment opportunity in Fresno's thriving real estate landscape - a meticulously maintained 6-unit complex with a blend of two studios and four 1-bedroom apartments. Secured by four covered parking stalls, this property offers immediate stability with potential for increased returns through rent adjustments.Located within walking distance to the vibrant Tower District, residents enjoy easy access to shops, clubs, and restaurants. Proximity to Freeway 168, 99, and 41 ensures convenience and connectivity. The fully gated complex features a courtyard, adorned with a rock fountain flowing into a Koi pond, providing a serene retreat.Architecturally distinguished by black iron, red bricks, and a white building, these units have undergone recent remodels, showcasing a perfect blend of classic charm and modern comfort. Tenant convenience is elevated with a coin operated laundry room featuring a washer and dryer.Surrounded by mature landscaping and trees, this complex exudes a tranquil ambiance. Boasting a well-maintained status and a solid capitalization rate of over 5.5% at current rents, seize the opportunity to add a strategic income-generating asset to your portfolio. With proximity to downtown Fresno offices, Fulton Mall, breweries, restaurants, and cultural hubs, this investment promises both immediate returns and long-term growth. Act now to secure your stake in Fresno's dynamic real estate market.
MlsNumber: 608028


Listing Provided By: Dart Realty, original listing
Name: Dart Realty
Phone: (559) 960-5915
Office Name: Dart Realty
Office Phone: (559) 442-4141
Agent Name: Douglas Dart
Disclaimer: 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.


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