Active

511 N Yosemite Avenue # F Unit: A-F

Fresno CA, 93728

$639,900


$243.31 per sqft

Active

4 Beds

6 Baths

2,630 sqft

Multi-family

Built in 1953

Discover a prime investment opportunity in Fresno's thriving real estate landscape - a meticulously maintained 6-unit complex with a blend of two studios and four 1-bedroom apartments. Secured by four covered parking stalls, this property offers immediate stability with potential for increased returns through rent adjustments.Located within walking distance to the vibrant Tower District, residents enjoy easy access to shops, clubs, and restaurants. Proximity to Freeway 168, 99, and 41 ensures convenience and connectivity. The fully gated complex features a courtyard, adorned with a rock fountain flowing into a Koi pond, providing a serene retreat.Architecturally distinguished by black iron, red bricks, and a white building, these units have undergone recent remodels, showcasing a perfect blend of classic charm and modern comfort. Tenant convenience is elevated with a coin operated laundry room featuring a washer and dryer.Surrounded by mature landscaping and trees, this complex exudes a tranquil ambiance. Boasting a well-maintained status and a solid capitalization rate of over 5.5% at current rents, seize the opportunity to add a strategic income-generating asset to your portfolio. With proximity to downtown Fresno offices, Fulton Mall, breweries, restaurants, and cultural hubs, this investment promises both immediate returns and long-term growth. Act now to secure your stake in Fresno's dynamic real estate market.

608028

MLS ID

February 12, 2024

Listed

March 14, 2024

Updated

Map

511 N Yosemite Avenue # F Unit: A-F
Fresno CA, 93728

Interior Features

Total Stories

2


Bedrooms

4 Beds


Bathrooms

6 Baths


Appliances

Washer/Dryer(s) Leased


Fireplace

Yes


Fireplace Description

None


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

Yes


Heating Description

Floor or Wall Heat

Exterior/Building Features

Lot Size

0.09 Acres


Exterior Features

Urban, Mature Landcsape


Lot Features

Urban, Mature Landcsape


Roof

Composition

School Information

School District

Fresno Unified

Other Property Details

Area Name

728


Garage

No


Parking

Carport, Covered


View

No


County

Fresno


Water Source

Public


Pool

No


Buyer Agency Compensation

2.5%

Listed by Dart Realty, Douglas Dart,
Listing Contact: 559-960-5915 

All properties are subject to prior sale, change or withdrawal. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 3/14/2024 7:42 PM UTC.

© 2024 Fresno Association of REALTORS. All rights reserved.

 

Powered byLuxury Presence