For Sale
Property Photo

$700,000

For Sale

382 N Glenn Ave, Fresno, CA 93701

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Property Highlights

Residential Income

Property Type

Multi Family

Sub Type

1966

Year Built

4,260

Sq Ft

10

Bedrooms

5.0

Bathrooms

50

Days On Properkey

0.17

Lot (acres)

651534

MLS #

FRESNO

MLS Source

Description

Excellent investment opportunity! Well-maintained five-unit apartment building featuring five spacious 2-bedroom, 1-bath units. All units are currently occupied with annual leases in place, providing stable rental income with approximately 11 months remaining on each lease.Current monthly rental income totals $6,932, offering strong cash flow potential. The property has been well cared for, with nicely updated interiors throughout all units. Average monthly utility expenses include approximately $190 for water and $195 for trash.Conveniently located less than one mile from Highway 180 with easy access to shopping, restaurants, schools, and other amenities. This income-producing property is attractively priced and offers an excellent opportunity for investors seeking immediate cash flow and long-term appreciation.At the asking price of $700,000, the property offers an estimated 9.2% cap rate based on current income and operating expenses. Don't miss this opportunity to add a solid performing asset to your investment portfolio

Listed by Puneet Bhargava • DRE #01859500 • HomeSmart PV and Associates

Contact: [email protected]

MLS #: 651534
Source: FRESNO

Property Features

Lot Features: Urban

Building & Construction

Construction Materials
Stucco, Brick
Roof
Other
Foundation
Concrete Perimeter, Wood Subfloor

Interior & Comfort

Heating
Floor or Wall Heat
Cooling
Wall/Window Unit(s)
Fireplace
None

Utilities

Nearby

Active Pending Closed Rental

High School

Fresno Unified District

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  1. 1.Share your offer details. Tell us about your desired offer — it's just a starting point, nothing is final!
  2. 2.Get expert guidance. A local agent will reach out to discuss a game plan.
  3. 3.Finalize your offer. Your agent will prepare your offer and negotiate on your behalf.