581 W Lincoln
Clovis, CA 93612
23164 sqft | 50 beds | 0.92 acres | #618527
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
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Last Updated: . Source: FRESNOMLS
Listing Courtesy
Listing Agent: Brendan Kane (#29366)
Listing Office: Brendan Kane Real Estate (#84089)
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.