Solid Investment in Midtown Fresno
Request more photos!- Features
6 Unit apartment complex built in 1978. All units are 2 bedroom 1 bath, and approximately 720 sq.ft. Complex is 100% occupied. Rents are due to be raised. Owner is willing to carry the financing on a Land Contract with 30% down-payment at 6.5%, interest only, for 7 years. Land Contract will keep the current property tax and increase overall income and cap rate.
- Neighborhood: N/E McKinley/Cedar
- Lot Size: 9600
- Type: Multi-Unit Residential for Sale
- Floors: Two or More Stories
- Parking/Garage: Carport
- Bedrooms: 10+
- Baths: 6
- Square Feet: 4320
- Year Built: 1978
- School District: Fresno Unified
- Number of Units: 6
- Unit Description: 2 bedroom / 1 bath
- Unit Square Footage: 720 approx.
- Unit Rent: $595 monthly
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