Excellent income-producing opportunity in a high-demand Clovis location. This well-maintained 5-unit apartment building offers a 7% cap rate, steady rents, and long-term performing tenants. The property includes four 2BD/1BA units and one upgraded 2BD/2BA unit, each with its own carport and patio (buyer to verify square footage of each unit); 4 of 5 in which boast updates throughout the interior. Additional features include on-site laundry for tenant convenience. Located near grocery stores, coffee shops, schools, and major commuter routes with quick access to the airport. Strong rental demand and a tenant base make this a reliable addition to any investment portfolio.
Property Features
Appliances
Heating and Cooling
- Cooling Features: Central
- Fireplace Features: One
- Heating Features: Central
- Number of Fireplaces: 1
Land Info
- Lot Size Acres: 0.2011019
- Lot Size Square Feet: 8760
Garage and Parking
- Parking Features: Carport
Rental Info
Other Property Info
- Source Listing Status: Active
- County: Fresno
- Directions: Take Highway 41 south, exit on Ashlan Ave. Continue east for about 2 miles. Make a U-Turn on Peach Ave. The apartment is on the right.
- Disclaimer: All information herein has not been verified and is not guaranteed Document Printed From: Kings County Board of Realtors® MLS
- Source Property Type: Multi-Family
- Area: Clovis
- Property Subtype: condo
- Source Neighborhood: Clovis
- Parcel Number: 43063233
- Postal Code Plus 4: 4907
- Zoning: R3
- Property Subtype: House w/ Units
- Source System Name: C2C
Building and Construction
- Year Built: 1978
- Property Age: 47
- Levels or Stories: 2