$3,100,000

1228 Jefferson Avenue, Clovis, CA 93612

  • 32 beds |
  • 16 baths |
  • 12,000 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1965
  • Property Lot Size Icon0.62acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $258/sqft
  • Property List Date Icon Listed 8 months ago

Property Description

This well-maintained 16-unit multifamily property, located in the highly sought-after city of Clovis, presents an exceptional investment opportunity with both strong in-place income and future upside. The property is currently generating approximately $16,572 per month in gross rents, with clear potential to increase income by aligning rents with current market rates.Comprised of sixteen spacious 2-bedroom, 1-bathroom unitseach approximately 750 square feetthe property is in turnkey condition, offering minimal maintenance needs and a smooth transition for new ownership. An on-site laundry facility provides added convenience for tenants and an additional income stream for the owner.Set in a prime location with high rental demand, this asset offers investors immediate cash flow along with the opportunity for long-term appreciation and value growth. Don't miss the chance to acquire a consistent, high-performing asset in one of the Central Valley's most desirable rental markets.

Listing Status:
Active
Listing Office:
The JKRE Investment Group : 559-212-4489
Listing Agent:
Jin Kim : 760-987-5332
MLS ID:
627413
  • A/C: Central Heat/Cool
  • Heating:
  • Fireplace: None
  • Parking: Carport
  • Roofing: Rolled/Hot MopMetal
  • General: StuccoTwoConcrete Perimeter
  • Golf: Utility Room
  • Originating MLS: Fresno MLS
  • School District: Clovis Unified
  • County: Fresno
  • Zoning: 49811016
  • Utilities: Public UtilitiesOn
  • Water: Public
  • Source: Fresno MLS

This listing courtesy of Jin Kim, The JKRE Investment Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Sierra Vista Elementary School

510 Barstow Ave, Clovis, CA, 93612

Grades KG-6

0.58 miles away

C

Clark Intermediate School

902 5th St, Clovis, CA, 93612

Grades 7-8

0.48 miles away

C

Clovis High School

1055 Fowler Ave, Clovis, CA, 93611

Grades 9-12

0.77 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.