581 W Ashlan Ave

Clovis CA 93612

4783 sq. ft.

9239.08 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

Turn-key 5-unit investment opportunity in a coveted Clovis location! This well-maintained property features one spacious 2BD/2BA unit and four 2BD/1BA units, all with attached parking. Availible seperate or with the neigboring 5 plexes 591 Ashlan and 571 Ashlan for 15 total units. 100% occupied with zero vacancy and a secure rent roll, current rents sit approximately 21% below market, offering a built-in value-add opportunity for the next owner in one of the hottest rental markets in the Valley. The Clovis market continues to see surging demand and rent growth, making this a rare chance to acquire a stabilized, upgraded multifamily asset with significant upside. Don't miss this opportunity to add a turn-key, income-producing property to your portfolio!

Features

10 bedrooms

4783 sq. ft. floor area

9239.08 sq. ft. lot size

Multi-Family

Property history for 581 W Ashlan Ave

2015

Sold

$817,000

30 Jun 2015 by Rama Ambati, of Guarantee Real Estate

2005

Sold

$475,000

02 May 2005 by Bob Wiginton, of Wiginton Properties

Happy sellers in Clovis

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