1561 N Van Ness Avenue, Fresno, CA 93728
- $2,600,000
- 8
- BD
- 16
- BA
- 11,668
- SqFt
- List Price
- $2,600,000
- MLS#
- 650776
- Year Built
- 1928
- Bedrooms
- 8
- Bathrooms
- 16
- Living Sq. Ft
- 11,668
- Lot Size
- 6,150
- Days on Market
- 37
- Property Type
- Multifamily
Property Description
Excellent investment opportunity in Fresno's Historic District! This well-maintained 16-unit building offers strong cash flow with only one current vacancy. Units are in high demand, and vacancies lease quickly, providing consistent occupancy and income potential.Recent improvements include a new roof, helping reduce future capital expenses and adding value for years to come. The property is ideally located near Fresno City College, Fresno High School, and the vibrant Tower District, offering tenants convenient access to education, dining, shopping, and entertainment. Commuters will appreciate the easy access to Highway 41 and Highway 180, providing connectivity throughout the Fresno metropolitan area.This is a 3 level unit. The first two levels feature 1 bedroom, 1 bath units. The third level features 8 studios.Whether you are looking to expand your portfolio or acquire a turnkey multifamily asset with proven income performance, this property presents a rare opportunity in one of Fresno's most desirable and centrally located neighborhoods.
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Additional Information
- Cooling
- Wall/Window Unit(s)
- Roof
- Composition, Tile
- Sewer
- Public Sewer
- Water
- Public
- School District
- Fresno Unified
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Listing courtesy of listing agent with Real Broker, 559-349-6208.
Based on information from the Fresno Association of REALTORS® as of . 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.