USACAClovis25 W San Jose Ave
25 W San Jose Ave, Home with 8 bedrooms, 0 bathrooms and null parking in Clovis CA | Image 1
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$775,000

25 W San Jose Ave, Clovis, CA

Real Estate

For Sale

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800
  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 3584 sqft
Garage No
Taxes 
Days Active 1
Lot Size 
Approx. Age 1969
Avg. Price Per Sqft $216
MLS® Number 634596

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Situated in the Clovis submarket, a desirable area within the Fresno metro known for strong rental demand and tenant stability. Property consists of 4 units, each two-bedroom, one-bath, single-level, 900 sq ft per unit (total 3, 600 sq ft). Solid Income Potential: With a scheduled market rent of$69, 600 annually and current average rents at$1, 400 per unit, the property demonstrates strong rental income potential. Healthy Net Operating Income (NOI): The pro forma NOI is projected at$42, 335, indicating a robust income stream after accounting for operating expenses. Competitive Cap Rate: The pro forma cap rate of 5.46% suggests a favorable return on investment relative to the property's net operating income.Show Description
MLS® Number634596
Laundry Level
Central VacNo
FireplaceNo
Acreage0.2977
Exterior
GarageNo
Approx. Age1969
Basement
DrivewayCarport
Garage Spaces
Heat
A/CCentral Heat/Cool
Heating Fuel

Extras

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