1835 E Hammond AVE new Save Request In-Person Tour Request Virtual Tour
Fresno,CA 93703
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 816 sqft
Price per Sqft $257
MLS Listing ID 626788
Style Bungalow
Bedrooms 2
Full Baths 1
Year Built 1916
Lot Size 5,092 Sqft
Property Sub-Type Single Family Residence
Property Description
Hassle-Free Investment Opportunity - Immediate Rental IncomeThis turnkey rental property offers a long-term tenant, steady cash flow, and minimal maintenance, making it an excellent buy-and-hold investment. The tenant has been in place for an extended period, paying $1,500 per month, ensuring consistent income with no vacancy concerns.PLEASE DO NOT DISTURB THE TENANT. All Offers are subject to inspeciton. All inquiries must go through the listing agent. Showings will only be scheduled with an executed contract to respect tenant privacy.Investment Highlights:Long-term tenant with a reliable payment historyCurrent Rent: $1,500/month, providing immediate incomeCap Rate: ~5.5% in a strong rental marketFully occupied, reducing vacancy risk at closingPriced below market value for built-in equityLow operating costs, high-yield assetSold As-Is - No Repairs or Seller CreditsProperty Features:Low-maintenance, ideal for passive incomeTenant responsible for rent & utilitiesLocated in a high-demand rental marketPricing & Terms:Serious Investors Only - Proof of Funds RequiredCash, Private Hard Money or Conventional-No FHA/VA Tenant Lease Transfers with SaleFor more details or to submit an offer, contact today.
Location
State CA
County Fresno
Zoning NMX
Interior
Heating Floor or Wall Unit
Cooling Evaporative Cooling,Wall/Window Unit(s)
Laundry Inside
Exterior
Parking Features Potential RV Parking
Utilities Available Public Utilities
Roof Type Composition
Building
Lot Description Urban
Story 1
Foundation Wood Subfloor
Sewer On,Public Sewer
Water Public
Schools
Elementary Schools Anthony
Middle Schools Tehipite
High Schools Fresno Unified