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$ 2,100,000
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5942 S Cedar AVE Fresno, CA 93725
11.03 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 626444
HOA Y/N No
Lot Size 11.030 Acres
Property Sub-Type Unimproved Land
Property Description
This 11.03-acre property, consisting of two separate parcels, offers a rare combination of immediate rental income and future development potential. Located near the High-Speed Rail construction and development area, this prime investment property could benefit from future expansion and appreciation.Parcel 1: 1.8 Acres1,750 sq. ft. home currently rented for $2,500/monthParcel 2: 9.23 AcresYard leased for $7,000/monthSmall home leased for $1,600/monthTotal Monthly Rental Income: $11,100This is an ideal opportunity for investors looking for a high-income future development property. Easy access to major highways and positioned in a rapidly growing area with potential for High-Speed Rail acquisition, this property is a smart addition to any portfolio.Contact listing agent for more details!
Location
State CA
County Fresno
Exterior
Utilities Available Propane, Public Utilities
Building
Lot Description More Than 5 Acres
Sewer On, Septic Tank
Water Domestic Water
Schools
Elementary Schools Calwa
Middle Schools Terronez
High Schools Fresno Unified
Listed by Hirdey P Singh Rod Aluisi Real Estate
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