Skip To Content

503 S Dearing Avenue

Fresno, CA 93702
  • $1,099,950
  • STATUS: Active
  • ON SITE: 75 Days
  • ID#: 596928
UPDATED: 51 min ago
$1,099,950
  • 21
    BEDS
  • 0.23
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
  • 5,426
    SQFT
  • $203
    $/SQFT
Neighborhood:
702
Type:
Multi-Family
Built:
1982
County:
Area:
702

School Information

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

Description

Are you an investor looking to expand your portfolio or engage in a 1031 exchange? Look no further! We are excited to present an exceptional investment opportunity in Fresno, CAa 7-unit apartment complex.Each unit boasts a spacious and rare 3-bedroom, 1-bathroom layout, providing comfortable living spaces that are in high demand. The complex consists of two buildings, one with 4 units and the other with 2 units, as well as a detached single-level unit, offering a diverse range of living options.The complex has recently undergone interior updates. Currently, all units are fully occupied, with a mix of long-term month-to-month tenants and new tenants who are completing their year-long leases.Respecting the privacy of our tenants is important to us. To ensure their convenience and comfort, we kindly request that interested parties refrain from walking the grounds or disturbing their privacy.

Monthly Payment Calculator



© 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: 2023-09-21T19:46:51.553.
www.ninasoldit.com/homes/141294200
Print Image

503 S Dearing Avenue Fresno, CA 93702

  • Price: $1,099,950
  • Status: Active
  • On Site: 75 Days
  • Updated: 51 min ago
  • ID#: 596928
21
Beds
7
Baths
0
½ Baths
0.23
Acres
5,426
SQFT
$203
$/SQFT
1982
Built
Neighborhood:
702
County:
Fresno
Area:
702
Elementary School:
Olmos
Middle School:
Kings Canyon
High School:
Sunnyside
School District:
Fresno Unified
Property Description
Are you an investor looking to expand your portfolio or engage in a 1031 exchange? Look no further! We are excited to present an exceptional investment opportunity in Fresno, CAa 7-unit apartment complex.Each unit boasts a spacious and rare 3-bedroom, 1-bathroom layout, providing comfortable living spaces that are in high demand. The complex consists of two buildings, one with 4 units and the other with 2 units, as well as a detached single-level unit, offering a diverse range of living options.The complex has recently undergone interior updates. Currently, all units are fully occupied, with a mix of long-term month-to-month tenants and new tenants who are completing their year-long leases.Respecting the privacy of our tenants is important to us. To ensure their convenience and comfort, we kindly request that interested parties refrain from walking the grounds or disturbing their privacy.
Exterior Features

Exterior StuccoWood Parking Carport Region Urban Roofing Composition

Interior Features

Fireplace None Floor Concrete Perimeter Heating And Cooling Central Heat/Cool Refrigerator More Than One Unit Stories Two Stove More Than One Unit

Property Features

Annual Expense 35969.00 Annual Income 102768.00 Cross Street Address Chestnut Ave/Huntington Ave Expenses Include ManagementGardenerMaintenance/RepairInsuranceElectricWaterSewer First Loan Type Non-Assumable Gas And Electric Public Utilities Income Includes Unit RentMonth To MonthLeaseBoth Lease Type Net Lot Measurement Sqft Lot Size Source (Tax Records) Net Income 66799.00 Property Subtype1 5 To 15 Units Reo Or Bank Owned No Sale Options Total Parcel Only Sewer Water Public WaterPublic Sewer Square Footage Source Tax Records Tenant Pays ElectricityGasCable Tv Terms ConventionalCashSubmit 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: 2023-09-21T19:46:51.553.
 
https://bt-photos.global.ssl.fastly.net/fresno/1280_boomver_1_596928-2.jpg https://bt-photos.global.ssl.fastly.net/fresno/1280_boomver_1_596928-2.jpg https://bt-photos.global.ssl.fastly.net/fresno/1280_boomver_1_596928-2.jpg
Logo
Nina Sensenbaugh Group | Guarantee Real Estate
7050 N Palm
Fresno CA, 93650