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$ 854,900
Est. payment /mo
New
605 W Ashlan AVE Clovis, CA 93612
10 Beds
5 Baths
4,144 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,144 sqft
Price per Sqft $206
MLS Listing ID 633451
Bedrooms 10
Full Baths 5
HOA Y/N No
Year Built 1978
Lot Size 8,049 Sqft
Property Sub-Type Quadruplex
Property Description
This well-priced Clovis property presents a fantastic income opportunity with a desirable mix of spacious units and strong rental upside. The front unit offers a generous 3-bedroom, 2-bath layout, while two townhouse-style units each feature 2 bedrooms and 1.5 bathrooms. A fourth unit, located upstairs, includes 3 bedrooms and 1 bathroom. Each unit comes with its own enclosed 1-car garage, with one townhouse unit offering direct interior access to the garagean added tenant perk. Current gross rents total approximately $5,405 per month, with rents estimated to be around 25% below market, providing clear potential for increased cash flow. Recent improvements include fresh exterior paint, along with updated interior paint in two of the units. The building also includes a utility room already set up for coin-operated laundry, offering an opportunity for additional income. Don't miss your chance to invest in this well-located, income-producing asset at a competitive price. Please do not walk the property or disturb tenants. All offers should be written subject to interior inspection.
Location
State CA
County Fresno
Interior
Cooling Central Heat/Cool
Fireplaces Type None
Exterior
Garage Spaces 4.0
Utilities Available Public Utilities
Roof Type Composition
Building
Lot Description Urban
Story 2
Foundation Concrete Perimeter
Water Public
Schools
High Schools Clovis Unified
Listed by The JKRE Investment Group
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