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Large Duplex on Corner lot in a great neighborhood. Perfect buy for an investor. Each unit is a spacious 1,063 sq ft...units are in decent condition. Normal wear and tear. Tile roof, each unit has 1 car garage and driveway parking. Both units rented. Property brings in $1,972.00 per month, tenants split the water and garbage expense each month. Projected expense are taxes, insurance, maintenance. Net Income $18,539 makes this a 7.7% cap...This is a real money maker!

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Hello ,

thought you might be interested in the following property:

1660 N Delno Avenue

Fresno, CA 93705

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1660 N Delno Avenue

Fresno, CA 93705

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1660 N Delno Avenue

Fresno, CA 93705

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1660 N Delno Avenue

Fresno, CA 93705

$239,000

Listed On 02/26/2018

Status: Pending (Taking Backup Offers)

4 Bed / 2 Bath
2,127 Square Feet (PER TAX RECORDS)
0.21 Acres (PER TAX RECORDS)

Listing #497955 (FRESNO MLS)

LONDON PROPERTIES, LTD.

Realtor® / Lic. #00463722

559.436.4071

info@londonproperties.com

Presented By:

London Properties, Ltd.

(559) 436-4071

Email London


[GET DIRECTIONS]

1660 N Delno Avenue

Fresno, CA 93705

1660 N Delno Avenue

Fresno, CA 93705

[GET DIRECTIONS]


Presented By:

London Properties, Ltd.

(559) 436-4071

Email London

Presented By:

London Properties, Ltd.

(559) 436-4071

Email London

$239,000 4 Bed / 2 Bath 2,127 Square Feet (PER TAX RECORDS) 0.21 Acres (PER TAX RECORDS) Status: Pending AcceptBackup Listing #497955 (FRESNO MLS) Listed On 02/26/2018

Large Duplex on Corner lot in a great neighborhood. Perfect buy for an investor. Each unit is a spacious 1,063 sq ft...units are in decent condition. Normal wear and tear. Tile roof, each unit has 1 car garage and driveway parking. Both units rented. Property brings in $1,972.00 per month, tenants split the water and garbage expense each month. Projected expense are taxes, insurance, maintenance. Net Income $18,539 makes this a 7.7% cap...This is a real money maker!
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General Information
Property Type Multi Family Property Subtype(s) Duplex
Price Per Sq. Ft. $112.36 Days On Market/Cumulative Days On Market 46/46
APN 444 254 01[PARCEL MAP] Year Built 1951
County Fresno Area 705
Region Urban # of Units 2
# of Buildings 0 # of Stories One
Sewer/Water Public Water Gas & Electric Public Utilities
Cross Streets W. Mckinley Ave Directions From W. Mckinley to Delno, on corner of Delno & Peralta
Property Type Multi Family
Property Subtype(s) Duplex
Price Per Sq. Ft. $112.36
Days On Market/Cumulative Days On Market 46/46
APN 444 254 01[PARCEL MAP]
Year Built 1951
County Fresno
Area 705
Region Urban
# of Units 2
# of Buildings 0
# of Stories One
Sewer/Water Public Water
Gas & Electric Public Utilities
Cross Streets W. Mckinley Ave
Directions From W. Mckinley to Delno, on corner of Delno & Peralta

Property/Unit Features
Heating & Cooling Evaporative, Floor or Wall Heat Fireplace All Units
Stove All units Refrigerator All Units
Heating & Cooling Evaporative, Floor or Wall Heat
Fireplace All Units
Stove All units
Refrigerator All Units

School Information
School District Fresno Unified Elementary School Fremont
Junior High School Wawona High School Fresno
School District Fresno Unified
Elementary School Fremont
Junior High School Wawona
High School Fresno

Interior
Flooring Concrete    
Flooring Concrete

Exterior
Lot Acres (approx) 0.21 (per Tax Records) Lot Sq Ft (approx) 9,045 (per Tax Records)
Site Amenities Corner Parking Features Garage
Garage Spaces 2 Roofing Tile
Exterior Stucco Spa No
Pool No    
Lot Acres (approx) 0.21 (per Tax Records)
Lot Sq Ft (approx) 9,045 (per Tax Records)
Site Amenities Corner
Parking Features Garage
Garage Spaces 2
Roofing Tile
Exterior Stucco
Spa No
Pool No

Miscellaneous Data
REO/Bank Owned No Annual Income $23,664.00
Annual Expense $5,125.00 Net Income $18,539.00
Tenant Pays All Utilities, Water, Sewer, Trash Collection Income Includes Unit Rent
Expenses Include Gardener, Maintenence/Repair, Insurance, Taxes Sources of Inc/Exp None
REO/Bank Owned No
Annual Income $23,664.00
Annual Expense $5,125.00
Net Income $18,539.00
Tenant Pays All Utilities, Water, Sewer, Trash Collection
Income Includes Unit Rent
Expenses Include Gardener, Maintenence/Repair, Insurance, Taxes
Sources of Inc/Exp None

Courtesy of Matthew Garabedian, Royal Realty Property Management & Investment Inc

The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange (IDX) of the Multiple Listing Service. Real estate listings are marked with the IDX logo and detailed information about them includes the name of the listing broker and the name of the listing agent. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.

 

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