1228 Jefferson Avenue, Clovis, CA 93612

$2,995,000
32
BD
16
BA
12,000
SqFt

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List Price
$2,995,000
MLS#
642577
Bedrooms
32
Bathrooms
16
Living Sq. Ft
12,000
Type
Multifamily
Zip
93612
city
Clovis
Status
ACTIVE

Property Description

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.

Additional Information

Acres
0.62
Living Area
12,000
Lot Size
27,203
School District
Clovis Unified
Stories
2
Year Built
1965

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Listing courtesy of listing agent with The JKRE Investment Group, 559-212-4489.

Based on information from the Fresno Association of REALTORS® as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Offer of compensation is made only to Participants of the MLS where the listing is filed.