360 N Calaveras Street, Fresno, CA 93701

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List Price
$569,000
Status
ACTIVE
MLS#
ML82062073
Year Built
1964
Lot Size
7,600
Acres
0.17
Days on Market
3
Property Type
Commercial

Property Description

100% Fully Occupied 5-Unit Apartment Complex in Fresno's Historic Lowell neighborhood and thriving rental market. This property offers a rare combination of modern upgrades and strong cash flow potential, and close to city amenities. Updated units with laminate wood flooring, new countertops, appliances, and contemporary fixtures. Fresnos rental market is booming, ranking as the 9th most competitive rental market in the nation with a low vacancy rate, tying for the 6th lowest in the U.S. (Forbes, 2024). This property is located near the intersection of Highways 99 and 180 near Downtown Fresno. Diverse shopping centers within 1.5 miles, including international grocers and small markets on East Olive Avenue. The Community Regional Medical Center is walking distance.

Additional Information

Taxes
$7,134
Heat
Central
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Roof
Composition
Water
Public
School District
Fresno Unified
Attached Structure
Detached
Gross Scheduled Income
$60,324

Listing courtesy of Listing Agent: Robert M. Balina (robert@synergizerealty.com) from Listing Office: Synergize Realty.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.