1636 S Clovis Ave - Residential Income FOR SALE


Fresno, CA 93727- Sunnyside
$1,163,000 USD
559-304-6753
1636 S Clovis Ave, Fresno, CA for Sale
$1,163,000 USD
Residential Income - FOR SALE
1/58
null | Request Cap Rate

1636 S Clovis Ave
Fresno, CA 93727
Sunnyside


HIGHLIGHTS

  • spacious and quite

OVERVIEW

I am the owner of the property located at 1636 S Clovis Ave Fresno, Ca 93727. This home features 18 Bedrooms and 6 Bathrooms and has been reconstructed in function as residential / commercial-style facility suitable for various uses, including housing for individuals who receive government assistance. Many programs pay approximately $3000 per month per client, making this an excellent income - producing opportunity. The property includes 6 bathrooms, 4 kitchen ranges, and 5 refrigerators, along with all fully functional appliances. This is a true turnkey property. A complete remodel was finished in Feb 2022, and all work was completed with permits. I Emanuel Requena, attest to the accuracy of all permits, and all improvements were done in a workmanlike manner. The property is available for purchase with a minimum down payment as low as 10% depending on buyer qualifications. We have lenders who may be able to assist with financing. The price is negotiable, and the seller is willing to assist with closing costs. If you do not currently have bank approval, we may also be able to help arrange private money lending. This property has the potential to generate $30,000 to 50,000 per month, depending on your ability to secure government - assisted care or similar programs For more information or to discuss financing options, please contact Emanuel Requena at 559-283-2302 or Armando Alaniz 559-304-6753

FOR SALE DETAILS

PRICE

$1,163,000 USD

PRICE/SF

$228 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

ADD'L SUBTYPES

Apartments, Office/Residential, Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,000 SF

ZONING

Commercial

APN/PARCEL ID

473-044-03

ASK ABOUT THIS PROPERTY

Emanuel RequenaEmmanuel RequenaMore Info
559-304-6753

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Emanuel RequenaEmmanuel RequenaMore Info
559-304-6753

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.