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511 Yosemite Avenue N
FresnoCA 93728

$639,900
for sale
Tools
Brochure
Size
4
Bedrooms
6
Full Baths
2,630 Sq Ft.
interior
0.09 Acres
Exterior
Financial
$639,900
Change Currency
$243
Price Per Sqft
Listing Details
Multi Family
Property type
1953
Year Built
Muir
Schools
Muir
Elementary
Fort Miller
Middle
Fresno
High
10500998
Web Id
608028
MLS ID
144
Days Posted

Description

511 Yosemite Avenue N,

Fresno, CA 93728

Discover a prime investment opportunity in Fresno's thriving real estate landscape - a meticulously maintained 6-unit complex with a blend of two studios and four 1-bedroom apartments. Secured by four covered parking stalls, this property offers immediate stability with potential for increased returns through rent adjustments.Located within walking distance to the vibrant Tower District, residents enjoy easy access to shops, clubs, and restaurants. Proximity to Freeway 168, 99, and 41 ensures convenience and connectivity. The fully gated complex features a courtyard, adorned with a rock fountain flowing into a Koi pond, providing a serene retreat.Architecturally distinguished by black iron, red bricks, and a white building, these units have undergone recent remodels, showcasing a perfect blend of classic charm and modern comfort. Tenant convenience is elevated with a coin operated laundry room featuring a washer and dryer.Surrounded by mature landscaping and trees, this complex exudes a tranquil ambiance. Boasting a well-maintained status and a solid capitalization rate of over 5.5% at current rents, seize the opportunity to add a strategic income-generating asset to your portfolio. With proximity to downtown Fresno offices, Fulton Mall, breweries, restaurants, and cultural hubs, this investment promises both immediate returns and long-term growth. Act now to secure your stake in Fresno's dynamic real estate market.

This is an Active listing.

Broker Office Phone Number: 559-442-4141

Copyright © 2024Fresno Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Amenities

  • Covered Carpark
  • Composition Shingle Roof

Price History

datePricevariancetype
2/11/2024$639,900-Listed
Listing By: Dart Realty via Data Source: Fresno Association of Realtors 
listing agent: Douglas Dart


Located at 511 Yosemite Avenue N, Fresno, California 93728, this Multi Family is for Sale with a price of $639,900 USD. The property was built in 1953, includes 4 bedrooms, has 6 full baths. This listing has 2,630 Sq.Ft. of interior space on a lot of .09 Acres. See all Homes for Sale in Fresno.
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