1228 Jefferson AVE, Clovis, CA 93612
1228 Jefferson AVE, Clovis, CA 93612
1228 Jefferson AVE, Clovis, CA 93612
1228 Jefferson AVE, Clovis, CA 93612
1228 Jefferson AVE, Clovis, CA 93612
1228 Jefferson AVE, Clovis, CA 93612
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$ 2,995,000
Est. payment | /mo

32 Beds

16 Baths

12,000 SqFt


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$ 2,995,000
Est. payment | /mo
Save

32 Beds

16 Baths

12,000 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,000 sqft

Price per Sqft $249

MLS Listing ID 642577

Bedrooms 32

Full Baths 16

HOA Y/N No

Year Built 1965

Lot Size 0.624 Acres

Property Sub-Type Multi Family

Property Description

This well-maintained 16-unit multifamily property, located in the highly sought-after city of Clovis, presents an exceptional investment opportunity with both strong in-place income and future upside. The property is currently generating approximately $16,572 per month in gross rents, with clear potential to increase income by aligning rents with current market rates.Comprised of sixteen spacious 2-bedroom, 1-bathroom unitseach approximately 750 square feetthe property is in turnkey condition, offering minimal maintenance needs and a smooth transition for new ownership. An on-site laundry facility provides added convenience for tenants and an additional income stream for the owner.Set in a prime location with high rental demand, this asset offers investors immediate cash flow along with the opportunity for long-term appreciation and value growth. Don't miss the chance to acquire a consistent, high-performing asset in one of the Central Valley's most desirable rental markets.

Location

State CA

County Fresno

Interior

Cooling Central Heat/Cool

Fireplaces Type None

Exterior

Parking Features Carport

Community Features Utility Room

Utilities Available Public Utilities

Roof Type Rolled/Hot Mop,Metal

Building

Lot Description Urban

Story 2

Foundation Concrete Perimeter

Water Public

Schools

High Schools Clovis Unified

Fresno MLS
Listed by The JKRE Investment Group

Nearby Locations

Charles Sheldrake

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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1228 Jefferson AVE

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