382 N Glenn AVE #A-E, Fresno, CA 93701
382 N Glenn AVE #A-E, Fresno, CA 93701
382 N Glenn AVE #A-E, Fresno, CA 93701
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$700,000
Est. payment /mo
10 Beds
5 Baths
4,260 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,260 sqft

Price per Sqft $164

MLS Listing ID 651534

Bedrooms 10

Full Baths 5

HOA Y/N No

Year Built 1966

Lot Size 7,601 Sqft

Property Sub-Type Multi Family

Property Description

Excellent investment opportunity! Well-maintained five-unit apartment building featuring five spacious 2-bedroom, 1-bath units. All units are currently occupied with annual leases in place, providing stable rental income with approximately 11 months remaining on each lease.Current monthly rental income totals $6,932, offering strong cash flow potential. The property has been well cared for, with nicely updated interiors throughout all units. Average monthly utility expenses include approximately $190 for water and $195 for trash.Conveniently located less than one mile from Highway 180 with easy access to shopping, restaurants, schools, and other amenities. This income-producing property is attractively priced and offers an excellent opportunity for investors seeking immediate cash flow and long-term appreciation.At the asking price of $700,000, the property offers an estimated 9.2% cap rate based on current income and operating expenses. Don't miss this opportunity to add a solid performing asset to your investment portfolio

Location

State CA

County Fresno

Interior

Heating Floor or Wall Heat

Cooling Wall/Window Unit(s)

Fireplaces Type None

Exterior

Parking Features Carport

Utilities Available Public Utilities

Roof Type Other

Building

Lot Description Urban

Story 2

Foundation Concrete Perimeter, Wood Subfloor

Water Public

Schools

High Schools Fresno Unified


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Fresno MLS
Listed by HomeSmart PV and Associates

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Tomas Molina

Tomas Molina

+1(408) 206-3381

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