974 N Lafayette Ave

974 N. Lafayette Ave. Fresno, CA 93728 8 Beds | 4 Baths | 3408 sq. ft. | 4 Units $500,000 

Great Investment Opportunity! High cash flow quadruplex with serious investment returns! This newly remodeled, turnkey apartment complex is fully occupied with strong monthly rents. It features a brand-new Title 24 cool roof, new Pro Series argon/double pane Low E windows, new siding with R-13 insulation, new high quality Sherwin William 93% reflective exterior paint and high quality, long lasting security fencing. The interiors have been remodeled with updated flooring, coving, kitchens, and low flow bathrooms. Tenants appreciate the privacy fencing, security screens, LED exterior security lighting, laundry room and the automated security gate. There is the potential to build an additional 3 units on the large lot. The property has ultralow monthly expenses with a high return on asset currently exceeding a 7.5% Cap Rate. The septic and private water have been well maintained, inspected and certified. Drive by and make your best offer today.

Listed By: Bill Richardson Phone: 559-473-5333  CADRE#  01924226

559-286-0055CADRE# 01878277