Residential Income in Fresno

$2,600,000

1561 Van Ness, 93728, Fresno, CA

Residential Income for sale in Fresno, 1561 Van Ness, 93728, 11668 m²

1561 Van Ness, 93728, Fresno, CA

$2,600,000

8Bed
11668
Type: Residential Income

Description

Excellent investment opportunity in Fresno's Historic District! This well-maintained 16-unit building offers strong cash flow. Units are in high demand, and vacancies lease quickly, providing consistent occupancy and income potential.Recent improvements include a new roof, helping reduce future capital expenses and adding value for years to come. The property is ideally located near Fresno City College, Fresno High School, and the vibrant Tower District, offering tenants convenient access to education, dining, shopping, and entertainment. Commuters will appreciate the easy access to Highway 41 and Highway 180, providing connectivity throughout the Fresno metropolitan area.This is a 3 level unit. The first two levels feature 1 bedroom, 1 bath units. The third level features 8 studios.Whether you are looking to expand your portfolio or acquire a turnkey multifamily asset with proven income performance, this property presents a rare opportunity in one of Fresno's most desirable and centrally located neighborhoods.

Location

1561 Van Ness, 93728, Fresno, CA

Data

Object TypeResidential Income
Purchase Price$2,600,000
Living Space11668 m²
Plot Size571.42 m²
BathroomsN/A
Construction Year1928
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeFloor or Wall Heat
Primary Energy SourceN/A
Construction Year1928
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent