511 North Yosemite Avenue, Unit AF

Fresno, CA 93701

$639,900
Price
4
Beds
6
Baths
2,630 Sq. Ft.
$243 / Sq. Ft.
2,630
Sq. Ft.
$243
per Sq. Ft.

Description

Discover a prime investment opportunity in Fresno's thriving real estate landscape - a meticulously maintained 6-unit complex with a blend of two studios and four 1-bedroom apartments. Secured by four covered parking stalls, this property offers immediate stability with potential for increased returns through rent adjustments. Located within walking distance to the vibrant Tower District, residents enjoy easy access to shops, clubs, and restaurants. Proximity to Freeway 168, 99, and 41 ensures convenience...Discover a prime investment opportunity in Fresno's thriving real estate landscape - a meticulously maintained 6-unit complex with a blend of two studios and four 1-bedroom apartments. Secured by four covered parking stalls, this property offers immediate stability with potential for increased returns through rent adjustments. Located within walking distance to the vibrant Tower District, residents enjoy easy access to shops, clubs, and restaurants. Proximity to Freeway 168, 99, and 41 ensures convenience and connectivity. The fully gated complex features a courtyard, adorned with a rock fountain flowing into a Koi pond, providing a serene retreat. Architecturally distinguished by black iron, red bricks, and a white building, these units have undergone recent remodels, showcasing a perfect blend of classic charm and modern comfort. Tenant convenience is elevated with a coin operated laundry room featuring a washer and dryer. Surrounded by mature landscaping and trees, this complex exudes a tranquil ambiance. Boasting a well-maintained status and a solid capitalization rate of over 5.5% at current rents, seize the opportunity to add a strategic income-generating asset to your portfolio. With proximity to downtown Fresno offices, Fulton Mall, breweries, restaurants, and cultural hubs, this investment promises both immediate returns and long-term growth. Act now to secure your stake in Fresno's dynamic real estate market.
  1. Listed by Douglas Dart • DRE #01327834 • Dart Realty

Property Details for 511 North Yosemite Avenue, Unit AF

Garage Spaces
0
Cross Street Address
belmont and fulton

Location

Listing Courtesy of Dart Realty
Add your commute
LISTING UPDATED: 02/15/2024 01:49 PM

Property Details for 511 North Yosemite Avenue, Unit AF

StatusActive
MLS #608028
Days on Market76
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 5 to 15 Units
Year Built1953
Lot Size0.09 AC / 3,750 SF
CountyFresno County

Location

Listing Courtesy of Dart Realty
Add your commute

Building Information for 511 North Yosemite Avenue, Unit AF

Stories-Residences6Year Built1953Building Size-Lot Size0.09 AC / 3,750 SF

Payment Calculator

$3,492 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,492

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 511 North Yosemite Avenue, Unit AF

Summary
Location and General Information
  • Region: Urban
  • Directions: Head east on Belmont past palm, before fulton make a left at Yosemite. Destination is on the left
  • Census Tract: .00
  • Unique Conditions: 1031 Exchange
School Information
  • Schools Comment: Buyer to verify
  • School Name 1: Fresno
  • School Name 2: Fort Miller
  • School Name 3: Muir
  • School Type 1: High School
  • School Type 2: Junior High School
  • School Type 3: Grade School
Parking
  • Additional Parking: Carport, Covered
Taxes and HOA Information
  • Association: Fresno MLS
Lot Information
  • Square Footage Source: Tax Records
  • APN: 45227208
  • Lot Measurement: SqFt
  • Lot Size Source: (Tax Records)
  • Multiple Listing Service: Fresno Multiple Listing System
Property
Property and Assessments
  • REO/Bank Owned: No
  • FIPS Code: 19
  • Age: 0
  • Documents Available: Profit & Loss
  • Leased Equipment: Washer/Dryer (s)
  • Property Disclaimer: Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.
  • Total Buildings: 1
  • Stories: Two
Utilities
  • Gas & Electric: Public Utilities
  • Sewer/Water: Public Water
  • Facilities: Utility Room
  • Special Features: Security Gate
Interior and Exterior Features
Exterior Features
  • Exterior: Stucco, Brick
  • Foundation: Concrete Perimeter
  • Roofing: Composition
  • Yard: Fenced, Mature Landcsape
Interior Features
  • Heat/Cool: Floor or Wall Heat, Window or Wall A/C
  • Fireplace: None
Multi Family
Income & Expenses Information
  • Annual Expense: $22,596.00
  • Annual Income: $64,914.00
  • Expenses Include: Management, Gardener, Maintenance/Repair, Accounting/Legal, Gas, Electric, Water, Sewer
  • Income Includes: Unit Rent
  • Net Income: $42,318.00
  • Total Units: 6
Rental
Rental Information
  • Tenant Pays: Electricity, Gas
  • Lease Type: Net

Property History for 511 North Yosemite Avenue, Unit AF

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 511 North Yosemite Avenue, Unit AF

This home is within Fresno Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Muir Elementary School
PublicK to 6

Fort Miller Middle School
Public7 to 8

Fresno High School
Public9 to 12

J. E. Young Academic Center
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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511 North Yosemite Avenue, Unit AF is a multi-family home for sale in Fresno, CA 93701. This property was listed for sale on February 12, 2024 by Dart Realty, it's currently listed at $639,900. This listing's school districts are Fresno Unified School District, Fresno County Office Of Education School District. Nearby schools include Muir Elementary School, Fort Miller Middle School and Fresno High School. 511 North Yosemite Avenue, Unit AF is a 4-bed, 6-bath, 2,630 sqft multi-family home built in 1953.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Dart Realty

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.