Realty Concepts is proud to present 3231 N Van Ness Blvd, a 6 unit townhome apartment complex on beautiful Van Ness Ave. Located on the border of Old Fig Garden and the Fresno High area, this property is perfect for any investor who desires pride of ownership. Currently, each unit is rented to long term tenants who are on month-to-month leases, the next owner has the option of keeping the property for long term tenants or converting into short term tenancy (i.e. posting on AirBnb). This property has the potential to achieve a 9.33% cap rate as a short term rental. The Property consists of four 2 bedroom, 1.5 bath units and two 1 bedroom, 1.5 bath units. This property features a sparkling pool, indoor coin-op laundry room, HVAC in each unit, and reserved parking for each unit. Each unit averages 1400 sqft and is across the street from Gazebo Gardens, a very poplar food truck park and beer garden. *Bedroom/Bathroom count differs from tax records, buyer to verify if important*
* This payment calculator is intended for educational and planning purposes only. ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.