$2,995,000

1228 Jefferson Ave, Clovis, CA 93612

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32 bd · 16.0 ba · 12,000 sqft · $250/sqft · 0.62 acres

Residential Income · Multi Family · Built 1965 · 242 days on Properkey

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.

Agent & source

Listed by
Jin Kim
Brokerage
The JKRE Investment Group
DRE
#01456017
MLS # 642577 Source FRESNO

Property details

Rooms & Layout

Levels
Two
Bedrooms
32
Bathrooms
16.0 (16 full)

Property Features

Lot features
Urban
Community
Utility Room

Building & Construction

Construction Materials
Stucco
Roof
Rolled/Hot Mop, Metal
Foundation
Concrete Perimeter

Exterior & Parking

Parking
Carport, Carport

Interior & Comfort

Heating
Yes
Cooling
Central Heat/Cool

Utilities

Water Source
Public
Electric
On
Public Utilities

Nearby

Active Pending Closed Rental
High
Clovis Unified District

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