For Sale
Property Photo

$425,000

For Sale

616 N Fulton St, Fresno, CA 93728

Get pre-approved

Property Highlights

Commercial Sale

Property Type

Commercial

Sub Type

1980

Year Built

3,220

Sq Ft

2

Bedrooms

3

Bathrooms

190

Days On Properkey

0.30

Lot (acres)

642032

MLS #

FRESNO

MLS Source

Description

Incredible investment opportunity in Fresno's Tower District. This property is 100% occupied with gross monthly rents totaling $3,650. There are two offices downstairs and a 2 bedroom, 1 bathroom apartment upstairs. Ample parking lot includes 6-10 stalls. 616 N Fulton St - Gross Rent $1,000/mo - Office occupied by non-profit618 N Fulton St - Gross Rent $1,200/mo - 2 Bedroom 1 Bathroom Apartment620 N Fulton St - Gross Rent $1,000/mo - Space occupied by Culinary Owner's current monthly expenses include:$78 - Trash/water/sewer$383.33 - Insurance$147.91 - PG&E (LL responsible for 25%. this is the average based on last year's PG&E)$200 - Repairs/Maintenance$237.50 - Property Tax(net after reimbursement for cell tower reimbursement) Annual NOI - $28,2396.64% CAP Rate Cell tower on property does not provide income. Seller currently pays property tax for cell tower and is reimbursed by that company for property tax portion of cell tower.

Listed by Vasilios Sotiropulos • DRE #02028589 • Hyatt Real Estate

Contact: [email protected]

MLS #: 642032
Source: FRESNO

Building & Construction

Construction Materials
Stucco, Wood Siding
Roof
Flat

Interior & Comfort

Cooling
Central Heat/Cool

Utilities

Nearby

Active Pending Closed Rental

School information not available for this property.

Schedule a tour

Book an in-person visit

Preferred time

Your details

Your name and email will come from the account you sign in with or create.

Prefer to talk? Call us
(888) 854-8588

Make an Offer

Step 1 of 4

Here's what to expect:

  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.