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1221 North Peach Ave., Unit: 118, Fresno, CA 93727

FOR SALE
  • $49,900
  • 88 Days on site
  • Beds: 1
  • Baths: 1 Full
  • Condominium Unit
  • 699 sq ft
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  • All Photos (5)
  • MLS Photos (5)
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Description

This condo is being offered for sale in a bulk package with 2 other condos for a total asking price of $149,700. (Package includes 1221 N Peach #118, #119, and #219 Fresno, CA 93727). Unit #118 is currently vacant with asking rent of $625/month. Unit #119 and #219 are rented at $625/month on a new lease. All 3 units are situated in the same building and all have newer electrical, sub panels, plumbing, fixtures, paint, flooring, cabinets, roofs, doors, windows, HVAC units, and water heaters. These units are move in ready with the new owner having ZERO capital improvements to worry about in the foreseeable future. HOA dues of $181 month/unit cover water, trash, sewer, landscape, fire insurance, exterior maintenance, roofing, and siding. This is a great turnkey investment opportunity with solid 7. 5+ CAP potential. Pro forma financials are as follows: Scheduled Income: $22,500 / Annual Expenses: $10,125 / NOI: $12,375. (Vacancy is due to the fact that these units were just recently iss Click here to learn more about this listing

  • MLS ID# 419940
  • Year Built: 1979
  • 88 Days on site
  • Condominium Unit
  • Beds: 1
  • Baths: 1 Full
The Ultimate Home Transformation $200,000 Sweepstakes

Listing Details

Basement
Yes
Flooring
Carpeted, Concrete, Tile
Lot Size
Approximately 744 Square Feet
Parking
Carport
Roof
Composition Roof
Features
Wood Exterior
Cooling
Central Air, Central Cooling

Local Info

Population
58,605
Median Household Income
$43,262
Median Years In Residence
8
Median Homeowner Age
30
Households with Children
56.18%
Percent of Homes Rented
43.65%

Nearby Elementary Schools

5218 E Clay Ave
5397 E Olive Ave
588 N Helm Ave

Nearby Middle Schools

5397 E Olive Ave
5223 E Grant Ave
1931 N Fine Ave

Nearby High Schools

5397 E Olive Ave
5223 E Grant Ave
1931 N Fine Ave

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Mortgage Rates

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Property Contact Info

Listing Provided By: London Properties, Ltd.
(559) 436-4000
Listing Agent: Michael Garabedian

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