16
See all 16 photos
$725,000
Est. payment /mo
9 Beds
7 Baths
3,643 SqFt
Active
642 N Thorne AVE Fresno, CA 93728
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,643 sqft
Price per Sqft $199
MLS Listing ID 623781
Bedrooms 9
Full Baths 7
HOA Y/N No
Year Built 1927
Lot Size 6,499 Sqft
Property Sub-Type Multi Family
Property Description
Discover an unbeatable investment opportunity at 642 N Thorne Ave, Fresno, CA 93728. This charming multifamily property features 7 units, including a mix of 2B1B apartments and studios, offering a total rental income of $81,660/year. With a 7% cap rate at 100% occupancy, this low-rise apartment building presents a lucrative investment in a desirable location just 15 minutes away from Fresno University and the vibrant Tower District. The property, listed at $725,000, comes with the added perk of a $10,000 discount when using the preferred lender. It is being sold as-is, ideal for savvy investors looking to maximize returns. Don't miss this chance to own a piece of Fresno's real estate market and generate consistent passive income.
Location
State CA
County Fresno
Interior
Cooling Wall/Window Unit(s)
Fireplaces Type None
Appliance Refrigerator: All Units, Dishwasher: None, Disposal: All units, Stove: All units
Exterior
Fence Fenced
Utilities Available Public Utilities
Roof Type Composition
Building
Lot Description Urban, Corner Lot, Mature Landcsape
Story 2
Foundation Concrete Perimeter
Water Public
Schools
High Schools Fresno Unified
Listed by HomeCoin.com
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