$4,850,000
Pending

581 W Lincoln

Clovis, CA 93612
23164 sqft | 50 beds | 0.92 acres | #618527
Browse 6 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

The Clovis Portfolio consists of two properties, The Lincoln built in 1987 and Alder built in1964. This offers a savvy long-term investor the opportunity to purchase an asset in thecity of Clovis, one of California's most sought-after community. Below Market Rents: The market rents at both properties are below area comps. Our RentSurvey reveals at least another 35 cents per square foot is available with no additionalupgrades. Value-Add Opportunity: With upgrades, the future owner can achieve rent premiums asmuch as $50.00 to $100.00 per month. Access to Major Employment and Education Centers: The Clovis Portfolio is just eastof California State University- Fresno. To the south is freeway 168.

  • Property Details
      • FoundationConcrete Perimeter, Wood Subfloor
      • CoolingCentral Heat/Cool
      • Cooling FeaturesCentral Heat/Cool
      • Utility FeaturesPublic Utilities
      • Parking FeaturesCarport, Open
      • School DistrictClovis Unified
      • Property SubtypeMulti Family
      • StoriesMulti/Split
      • RoofComposition
      • Parcel Number42014114
      • Parking TypeCarport
      • Cost4850000
      • Utility SourcePublic
      • CountyFresno
      • MLS #618527
      • MLS #618527
      • Lot FeaturesUrban
      • Lot DescriptionUrban
      • Square Feet23164
      • Acres0.92
      • Year Built1987
      • Bedrooms50
      • Parking Spaces6

Location

Jessie Espinosa | Century 21 Select Real Estate, TurlockReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
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