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.
For sale
$3,100,000
1228 Jefferson Ave, Clovis, CA 93612
32beds
16baths
12,000sqft
Est.:
Multi Family
Built in 1965
-- sqft lot
$-- Zestimate®
$258/sqft
$-- HOA
What's special
- 195 days |
- 503 |
- 8 |
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