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$ 2,600,000
Est. payment /mo
New
1561 N Van Ness AVE Fresno, CA 93728
16 Beds
16 Baths
11,386 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 11,386 sqft
Price per Sqft $228
MLS Listing ID 650776
Bedrooms 16
Full Baths 16
HOA Y/N No
Year Built 1928
Lot Size 6,150 Sqft
Property Sub-Type Multi Family
Property Description
Excellent investment opportunity in Fresno's Historic District! This well-maintained 16-unit apartment building offers strong cash flow with only one current vacancy. 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.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
State CA
County Fresno
Interior
Heating Floor or Wall Heat
Cooling Wall/Window Unit(s)
Fireplaces Type None
Exterior
Parking Features Garage
Utilities Available Public Utilities
Roof Type Composition,Tile
Building
Lot Description Urban
Foundation Concrete Perimeter, Wood Subfloor
Sewer Public Sewer
Water Public
Schools
High Schools Fresno Unified
Listed by Real Broker
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