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Sold for $1,737,000 on 04/25/24
  • $1,737,000

    424 S Chestnut Ave, Fresno, CA 93702

    25beds
    14baths
    9,650sqft
    Multi Family
    Built in 1964
    -- sqft lot
    $1,785,800 Zestimate®
    $180/sqft
    $1,216 Estimated rent

    What's special

    This 13-unit, two story gated complex comprises a versatile mix of living spaces, including 10 comfortable 2-bed/1-bath units, 2 cozy 1-bed/1-bath units, and 1 spacious 3-bed/2-bath unit. Tenants enjoy the convenience of nearby shopping center featuring Walgreens, Home Depot, Chase Bank, and various dining options that is just a short walk away. Whether you're an experienced investor looking to expand your portfolio or in search of a 1031 exchange property, this is your chance. Please respect tenant privacy and refrain from walking on the grounds.Neighboring 14 Unit complex at 423 S. Dearing is also available to form a 27 unit complex.

    Zillow last checked: 7 hours ago

    Listing updated: April 26, 2024 at 06:46am

    Listed by:

    Paul Gestic DRE #01376488 559-903-2255,

    Fresno Income Properties

    Bought with:

    RI California Realty

    Source: Fresno MLS,MLS#: 601724Originating MLS: Fresno MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 25
    • Bathrooms: 14
    Heating
    • Floor or Wall Heat
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Refrigerator: More than One Unit, Dishwasher: More than One unit, Stove: More than One unit, Washer/Dryer(s) Leased
    Features
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 9,650
    • Total interior livable area: 9,650 sqft

    Property

    Parking
    • Parking features: Carport
    • Has carport: Yes
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 0.46 Acres
    • Features: Urban, Sprinklers In Front
    Details
    • Parcel number: 46123405

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Stucco, Wood Siding
    • Foundation: Concrete Perimeter, Wood Subfloor
    • Roof: Composition
    Condition
    • Year built: 1964

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public Utilities

    Community & neighborhood

    Location
    • Region: Fresno

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Income includes: Unit Rent, Month to Month, Lease, Both
    • Listing terms: Conventional,Cash
    Services availability
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    An equal housing lender. NMLS #10287.