628 Fresno St, Fresno, CA 93701

6 Unit Apartment Building | $930,000 ($155,000/Unit) | 6.69% Cap Rate | Fresno, CA 93701

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $930,000

Property Type
Multifamily
Square Feet
3,876 SF

Listing Contacts

Bill Richardson
Bill Richardson
Verified Profile
  • Property Info

Property Overview

Discover the epitome of urban living at this renovated 6-unit apartment complex in the heart of Fresno, California. Nestled near the vibrant downtown, esteemed community hospital, shopping havens, and Fresno City College, this property offers unparalleled convenience and lifestyle. Recently remodeled with over $240,000 invested, every inch of this complex exudes modernity and comfort. Updates include a new roof, stucco siding, and a freshly paved parking lot, ensuring both aesthetics and functionality. Private security fencing provides peace of mind, while meticulously curated landscaping adds a touch of serenity to your surroundings. Inside, each unit boasts ductless air conditioning for climate control, contemporary kitchen cabinets, new flooring, and upgraded light fixtures that illuminate the space with elegance. Enhanced bathrooms feature stylish sinks and showers, completing the luxurious feel of every apartment. Currently fully occupied with strong rents, this property not only promises an exceptional living experience but also represents a solid investment opportunity. With very low monthly maintenance costs, you can enjoy the benefits of hassle-free ownership. Don't miss out on the chance to own a piece of Fresno's evolving landscape. If you're seeking a prime investment, this apartment complex offers that modern amenities, location convenience, and strong rental income. Contact us today to see why this property stands out in Fresno's competitive real estate market.

Property Details

Class
C
Year Built
1936
Stories
1
Lot Size (sq. ft)
14,810 SF
Units
6

Highlights

  • Discover urban living at this renovated 6-unit apartment complex in the heart of Fresno, California. Nestled near the vibrant downtown.
  • Recently remodeled with over $240,000 invested, every inch of this complex exudes modernity and comfort.
  • Some updates include a new roof, stucco siding, and a freshly paved parking lot and private security fencing provides peace of mind.
  • Currently fully occupied with strong rents, this property not only promises an exceptional living but also represents a solid investment opportunity.
  • With very low monthly maintenance costs, you can enjoy the benefits of hassle-free ownership.

FAQ

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