A-E/360 North Calaveras Street

Fresno CA 93701

2862 sq. ft.

7600 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

New Price. 5-Unit Apartment Complex in Fresno's Historic Lowell neighborhood and thriving rental market. This property offers a rare combination of modern upgrades and strong cash flow potential, and close to city amenities. Updated units with laminate wood flooring, new countertops, appliances, and contemporary fixtures. Fresnos rental market is booming, ranking as the 9th most competitive rental market in the nation with a low vacancy rate of just 2.9%, tying for the 6thlowest in the U.S. (Forbes, 2024). Since 2019, fair market rents in Fresno have surged by 50%, with average rents now at $1,285/month and ranging up to $1,907/month depending on unit size and location (Apartments.com). This property is located near the intersection of Highways 99 and 180 near Downtown Fresno. Diverse shopping centers within 1.5 miles, including international grocers and small markets on East Olive Avenue. The Community RegionalMedical Center is walking distance. All units are 100% fully occupied with some Section 8 tenants with Fresno County Housing Authority.

Features

5 bedrooms

2862 sq. ft. floor area

7600 sq. ft. lot size

Multi-Family

Happy sellers in Fresno

We have insufficient information to provide an overview of customer satisfaction for Fresno. Viewing the agent profiles, reviews and sales for Fresno can provide insights for this location.