NOT LISTED FOR SALE

397 N Calaveras St Unit 101 Fresno, CA 93701

Lowell Neighborhood
14 Beds
7 Baths
4,907 Sq Ft
0.26 Acres

Last Sold May 14, 2021

Last sale price $720,000 $147 Per Sq Ft

22 Days on Market

Highlights

  • Fenced Yard
  • Wood Siding
  • 3-minute walk to Martin Park
  • Central Air

About This Home

As of May 2021

Check out this excellent, cash flowing, 7 unit apartment complex at 397 N Calaveras! This property would make a great addition to any investment portfolio. It is located in the Lowell neighborhood, an up and coming neighborhood in Downtown Fresno. The current owner and professional property management have taken excellent care of this property. Rents have been kept high and there are currently no rent delinquencies. The property has its own coin-op laundry room providing additional revenue. Each unit has 2 bedrooms and 1 bathroom. 3 units are upstairs and 4 units downstairs. There are 11 parking spaces, 7 in back that are covered and gated and 4 more uncovered spaces in front. The current owner has enjoyed a low turnover rate partly due to the fact that the gated yard provides areas for kids to play safely. 5 of the units are section 8 providing guaranteed income. Drive by and see it today!

Last Listed By

Jeff Zimmerman

Realty Concepts, Ltd. - Fresno License #02039326 Listed on: 02/09/2021

Realty Concepts, Ltd. - Fresno

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 0.26 Acre Lot
  • Fenced Yard

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,907 Sq Ft Home
  • 2-Story Property
  • Leased Washer and Dryer

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 7 Bathrooms

Parking

  • Carport
  • Uncovered Parking

Utilities

  • Central Air

Listing and Financial Details

  • Tenant pays for electricity, gas, cable TV

Community Details

Overview

  • 2 Buildings
  • 7 Units

Building Details

  • Gross Income $68,472

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: 5 to 15 Units
  • Price Per Square Foot: 146.73
  • Year Built Exception: 0
  • Stories: Two
  • Leased Equipment: Washer/Dryer (s)
  • Special Features: None
  • Year Built: 1986

Interior Features

  • Disposal: All units
  • Fireplace: None
  • Refrigerator: All Units
  • Stove: All units
  • Bathrooms: 7.00
  • Bedrooms: 14
  • Facilities: Utility Room
  • Square Footage: 4907.00

Exterior Features

  • Yard: Fenced, Mature Landcsape
  • Roofing: Composition
  • Exterior: Wood
  • Foundation: Concrete Perimeter

Garage/Parking

  • Additional Parking: Carport, Covered, Uncovered, One Space per Unit, More than One Space

Utilities

  • Gas And Electric: Public Utilities
  • Sewer/Water: Public Water, Public Sewer
  • Heat/Cool: Central Heat/Cool

Condo/Co-op/Association

  • Association: Fresno MLS

Association/Amenities

  • Unit: 101

Schools

  • School District: Fresno Unified

Lot Info

  • Acres: 0.2600
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 11325.00
  • Price Per Acre: 2769230.77

Building Info

  • Year Built: 1986

Rental Info

  • TenantPays: Electricity, Gas, Cable TV

Multi Family

  • Annual Income: 68472.00
  • IncomeIncludes: Unit Rent, Laundry
  • Total Units: 7

MLS Schools

  • School District: Fresno Unified

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold $720,000 0.0% $147 / Sq Ft
03/03/2021 03/03/21 Pending -- -- --
02/09/2021 02/09/21 For Sale $720,000 -- $147 / Sq Ft
Source: Fresno MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fresno MLS

MLS Number: 554401

Fresno MLS