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$ 3,100,000
Est. payment /mo
Active
1228 Jefferson AVE Clovis, CA 93612
32 Beds
16 Baths
12,000 SqFt
UPDATED:
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
HOA Y/N No
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
Listed by The JKRE Investment Group
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