381 W Carob Ave APT 8, Reedley, CA 93654

Instant Income - 8 Unit Garden Style Apartment. An instant income and a trophy property for your retirement or investment portfolio. This garden style 8-unit apartment is in the heart of Reedley. Located right behind Adventist Medical Center and Reedley College which create a strong & unique demand for these units. Also walking distance are elementary school, middle and high schools. The lovely courtyard w/ mature landscaping & red front doors create an upscale and cozy residence. A city required Backflow plumbing has been installed. Parking lot has been improved. Spacious 2BD units beautifully maintained through the years by an on-site resident manager. All units are fully rented and some rents are below market with upside. Several annual festivals are held in the Historic Downtown Reedley. The city is undergoing a renaissance with many new commercial and residential developments. May be purchased with the adjacent property @ 413 W Carob Avenue which is an identical 8-unit apartment. Reedley is a city in Fresno County located in the San Joaquin Valley, 22 miles southeast of Fresno.