$2,850,000

1223 N Sylmar Ave, Fresno, CA 93727

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26 bd · 13.0 ba · 12,220 sqft · $233/sqft · 0.45 acres

Residential Income · Multi Family · Built 1971 · 242 days on Properkey

Description

Value-Add OpportunityWith the in-fill location, 1223 Sylmar is perfectly positioned to beupgraded which would result in substantially higher rents.Multifamily Market Is On A Strong Growth PathWith the improving job market, rent growth has exceeded boththe State and National Average, according to the nation's leadingMarket Research firm, Axiometrics.Units have Been RenovatedLarge 2 Bedroom/1 Bath Units at 940 SQ FT with Patio or Balcony

Agent & source

Listed by
Brendan L. Kane
Brokerage
Brendan Kane Real Estate
DRE
#01976828
MLS # 643411 Source FRESNO

Property details

Rooms & Layout

Levels
Two
Bedrooms
26
Bathrooms
13.0 (13 full)

Property Features

Lot features
Urban

Building & Construction

Construction Materials
Stucco
Roof
Composition
Foundation
Concrete Perimeter

Exterior & Parking

Parking
Covered

Interior & Comfort

Heating
Yes
Cooling
Central Heat/Cool

Utilities

Water Source
Public
Sewer
Public Sewer
Electric
On
Public Utilities

Nearby

Active Pending Closed Rental
High
Fresno Unified District

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