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For Sale

$725,000

642 N Thorne Ave, Fresno, CA 93728

  • 9Beds
  • 7Baths
  • 3643SqFt
  • 9Beds
  • 7Baths
  • 3643SqFt
  • Property Type
    Condo
  • Year Built
    1927
  • Price per Sqft
    $199
  • On highrises
    19 Days

Property Details

Discover an unbeatable investment opportunity at 642 N Thorne Ave, Fresno, CA 93728. This charming multifamily property features 7 units, including a mix of 2B1B apartments and studios, offering a total rental income of $81, 660/year. With a 7% cap rate at 100% occupancy, this low-rise apartment building presents a lucrative investment in a desirable location just 15 minutes away from Fresno University and the vibrant Tower District. The property, listed at $725, 000, comes with the added perk of a $10, 000 discount when using the preferred lender. It is being sold as-is, ideal for savvy investors looking to maximize returns. Don't miss this chance to own a piece of Fresno's real estate market and generate consistent passive income.

Property Features

Bedrooms

  • Bedrooms: 9
  • Presented by:
  • Jonathan Minerick
  • state license#01523060

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Learn more about 642 N Thorne Ave