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424 S Chestnut Avenue

Fresno, CA 93702
  • $1,755,000
  • STATUS: Active
  • ON SITE: 18 Days
  • ID#: 601724
UPDATED: 5 min ago
$1,755,000
  • 25
    BEDS
  • 0.46
    ACRES
  • 14
    BATHS
  • 0
    1/2 BATHS
  • 9,650
    SQFT
  • $182
    $/SQFT
Neighborhood:
702
Type:
Multi-Family
Built:
1964
County:
Area:
702

School Information

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

Description

This 13-unit, two story gated complex comprises a versatile mix of living spaces, including 10 comfortable 2-bed/1-bath units, 2 cozy 1-bed/1-bath units, and 1 spacious 3-bed/2-bath unit. Tenants enjoy the convenience of nearby shopping center featuring Walgreens, Home Depot, Chase Bank, and various dining options that is just a short walk away. Whether you're an experienced investor looking to expand your portfolio or in search of a 1031 exchange property, this is your chance. Please respect tenant privacy and refrain from walking on the grounds.Neighboring 14 Unit complex at 423 S. Dearing is also available to form a 27 unit complex.

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© 2023 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: 2023-09-27T07:46:38.647.
www.ninasoldit.com/homes/143243524
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424 S Chestnut Avenue Fresno, CA 93702

  • Price: $1,755,000
  • Status: Active
  • On Site: 18 Days
  • Updated: 5 min ago
  • ID#: 601724
25
Beds
14
Baths
0
½ Baths
0.46
Acres
9,650
SQFT
$182
$/SQFT
1964
Built
Neighborhood:
702
County:
Fresno
Area:
702
Elementary School:
Olmos
Middle School:
Kings Canyon
High School:
Sunnyside
School District:
Fresno Unified
Property Description
This 13-unit, two story gated complex comprises a versatile mix of living spaces, including 10 comfortable 2-bed/1-bath units, 2 cozy 1-bed/1-bath units, and 1 spacious 3-bed/2-bath unit. Tenants enjoy the convenience of nearby shopping center featuring Walgreens, Home Depot, Chase Bank, and various dining options that is just a short walk away. Whether you're an experienced investor looking to expand your portfolio or in search of a 1031 exchange property, this is your chance. Please respect tenant privacy and refrain from walking on the grounds.Neighboring 14 Unit complex at 423 S. Dearing is also available to form a 27 unit complex.
Exterior Features

Exterior StuccoWood Parking Carport Region Urban Roofing Composition Yard Sprinkler - Front

Interior Features

Dishwasher More Than One Unit Fireplace None Floor Both Heating And Cooling Floor Or Wall HeatWindow Or Wall A/C Refrigerator More Than One Unit Stories Two Stove More Than One Unit

Property Features

Annual Expense 51155.00 Annual Income 146159.00 Cross Street Address Chestnut/Kings Canyon Expenses Include ManagementGardenerMaintenance/RepairInsuranceElectricWaterSewer First Loan Type Non-Assumable Gas And Electric Public Utilities Income Includes Unit RentMonth To MonthLeaseBoth Lease Type Net Leased Equipment Washer/Dryer (S) Lot Measurement Sqft Lot Size Source (Tax Records) Net Income 95004.00 Property Subtype1 5 To 15 Units Reo Or Bank Owned No Sale Options Adjacent Available Second Loan Type Non-Assumable Sewer Water Public WaterPublic Sewer Square Footage Source Tax Records Tenant Pays ElectricityGasCable Tv Terms ConventionalCash Transaction Type Sale

Listing provided courtesy of Paul Gestic of Fresno Income Properties: paul@fresnoincomeproperties.com;559-438-9410.


© 2023 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: 2023-09-27T07:46:38.647.
 
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