521 W Ashlan new Save Request In-Person Tour Request Virtual Tour
Clovis,CA 93612
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,783 sqft
Price per Sqft $190
MLS Listing ID 640373
Bedrooms 10
Full Baths 6
Year Built 1978
Lot Size 8,759 Sqft
Property Sub-Type Multi Family
Property Description
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; 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.
Location
State CA
County Fresno
Interior
Cooling Central Heat/Cool
Fireplaces Type One Unit
Exterior
Parking Features Carport
Utilities Available Public Utilities
Roof Type Composition
Building
Lot Description Urban
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Schools
High Schools Fresno Unified