1527 N Van Ness Ave 10 Unit Apartment Building $1,700,000 ($170,000/Unit) 6% Cap Rate Fresno, CA 93728

Exceptional multifamily investment opportunity featuring 10 fully occupied units and strong rental income. This well-performing property offers investors immediate cash flow with no current vacancies and a proven occupancy history.
The building has recently received a fresh exterior paint job, enhancing curb appeal and contributing to the property's overall pride of ownership. Conveniently located in Fresno's Historic District, the property benefits from its proximity to Fresno City College, Fresno High School, and the popular Tower District, providing tenants with easy access to shopping, dining, entertainment, and educational opportunities.
***This unit is on the historical register in Fresno. Agent to verify what that means for the units. I have a phone number to the Historic Fresno Department. Potential buyers may view the outside but do not disturb tenants. Owner also has security on the premises, primarily at night. All offers subject to inspection. Rent roll available upon request.
Owner also owns 1561 - 16 unit building just north of this property.
The first building features 8 units with 2 of them being studios. The second building has two large units as well. It also features 5 garages and 5 storage.
With quick access to Highway 41 and Highway 180, residents enjoy convenient commuting throughout Fresno and the surrounding areas. Whether you're a seasoned investor or looking to add an income-producing asset to your portfolio, this well-maintained 10-unit property presents an outstanding opportunity in a highly desirable rental market.