1228 Jefferson AVE Active

Clovis,CA 93612

$ 3100000

32 Beds

16 Baths

12000 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,000 sqft

Price per Sqft $258

MLS Listing ID 627413

Bedrooms 32

Full Baths 16

Year Built 1965

Lot Size 0.624 Acres

Property Sub-Type Multi Family

Property Description

This well-maintained 16-unit property located in the highly desirable city of Clovis presents a fantastic investment opportunity. Current monthly gross rents total $16,572, with significant potential to increase rents to match current market rates. The property is in turnkey condition, requiring minimal maintenance and providing a seamless transition for a new owner. With its prime location and steady income stream, there is significant upside potential for investors to capitalize on the growing demand in the area. The property is comprised of 16 2-bed, 1-bath units, each approximately 750 square feet. Additionally, there is an on-site laundry facility, adding convenience for residents and a potential revenue stream for the property owner. This is an excellent opportunity to acquire a prime asset in a sought-after market, offering both immediate cash flow and future growth potential.

Location

State CA

County Fresno

Interior

Cooling Central Heat/Cool

Fireplaces Type None

Exterior

Parking Features Carport

Community Features Utility Room

Utilities Available Public Utilities

Roof Type Rolled/Hot Mop,Metal

Building

Lot Description Urban

Story 2

Foundation Concrete Perimeter

Sewer On

Water Public

Schools

High Schools Clovis Unified

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