$740,000
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642 N Thorne Avenue Fresno, CA 93728
Multi-Family
Residence
9
Beds
7
Baths
3,643
Sq. Ft.
0.15
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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Rare CASH-FLOWING 7 unit apartment building in the Tower District!There are 5 studio units and 2 2 bedroom units.Excellent 7% Cap Rate 8.9 GRM! All rents are current. No delinquencies.Current income is now $6805/mo, $81,660/yr.$10,000 discount for buyer who uses a specific lender. Please call to in...quire.Shared front and backyard. No HOA fees. Separate electric meters.Only 15 minutes away from Fresno State University. The location provides easy access to Hwy 99 and nearby shopping at Costco, Walmart Supercenter, Home Depot, Target.Property is occupied and so please refrain from walking the grounds or disturbing the tenants.This is an excellent opportunity for investors to capitalize on a well-established propertyin the growing city of Fresno.
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MLS#
617680
Property Type
Multi-Family
Bedrooms
9
Bathrooms
Year Built
1927
Square Feet
3,643
sq. ft
Price per Sq. Ft.
$203.13
Lot Size
0.15
Sewer
Public Sewer
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