Excellent investment opportunity adjacent to Mural District in Downtown Fresno. Current rents are below market rate and there is value to be added with simple cosmetic improvements. 8 units all 1 bed / 1 bath with separate gas/electric meters. Each unit has central heating and cooling. All units have tile floors throughout and simple functional floor plans. The property has its own private parking lot with 8 covered parking stalls and 4 uncovered. The complex has a history of full occupancy and there is high demand from renters. Seller is motivated. do NOT disturb tenants! Drive by only.
*This Payment Calculator is intended for educational and planning purposes only. **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.