This 11.03-acre property, consisting of two separate parcels, offers a rare combination of immediate rental income and future development potential. Located near the High-Speed Rail construction and development area, this prime investment property could benefit from future expansion and appreciation.Parcel 1: 1.8 Acres1,750 sq. ft. home currently rented for $2,500/monthParcel 2: 9.23 AcresYard leased for $7,000/monthSmall home leased for $1,600/monthTotal Monthly Rental Income: $11,100This is an ideal opportunity for investors looking for a high-income future development property. Easy access to major highways and positioned in a rapidly growing area with potential for High-Speed Rail acquisition, this property is a smart addition to any portfolio.Contact listing agent for more details!
For sale
Price cut: $100K (10/2)
$1,890,000
5942 S Cedar Ave, Fresno, CA 93725
3beds
2baths
1,749sqft
Est.:
Residential, Single Family Residence
Built in 1965
11.03 Acres Lot
$-- Zestimate®
$1,081/sqft
$-- HOA
What's special
- 12 days |
- 160 |
- 8 |
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