5942 S Cedar AVE Active Save Request In-Person Tour Request Virtual Tour
Fresno,CA 93725
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,749 sqft
Price per Sqft $1,200
MLS Listing ID 626339
Style Ranch
Bedrooms 3
Full Baths 2
Year Built 1965
Lot Size 11.030 Acres
Property Sub-Type Single Family Residence
Property Description
This 11.03-acre property, consisting of two separate parcels, offers a rare combination of immediate rental income and future development potential. Located near the High-Speed Rail construction and development area, this prime investment property could benefit from future expansion and appreciation.Parcel 1: 1.8 Acres1,750 sq. ft. home currently rented for $2,500/monthParcel 2: 9.23 AcresYard leased for $7,000/monthSmall home leased for $1,600/monthTotal Monthly Rental Income: $11,100This is an ideal opportunity for investors looking for a high-income future development property. Easy access to major highways and positioned in a rapidly growing area with potential for High-Speed Rail acquisition, this property is a smart addition to any portfolio.Contact listing agent for more details!
Location
State CA
County Fresno
Interior
Cooling 13+ SEER A/C,Central Heat & Cool
Flooring Laminate,Tile
Laundry Inside
Exterior
Garage Spaces 2.0
Fence Fenced
Utilities Available Public Utilities,Propane
Roof Type Composition
Building
Lot Description Rural,Sprinklers In Front,Sprinklers In Rear,Sprinklers Auto
Story 1
Foundation Concrete
Sewer On,Septic Tank
Water Private
Schools
Elementary Schools Calwa
Middle Schools Terronez
High Schools Fresno Unified