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This 6plex is a money maker! $4,700/month in gross rents sets the Buyer up for immediate cash flow at the close of escrow. The property consists of a (5) unit building and a large single family home.

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Hello ,

thought you might be interested in the following property:

1901 E Lewis Avenue

Fresno, CA 93701

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Hello ,

thought you might be interested in the following property:

1901 E Lewis Avenue

Fresno, CA 93701

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1901 E Lewis Avenue

Fresno, CA 93701

[GET DIRECTIONS]


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1901 E Lewis Avenue

Fresno, CA 93701

$375,000

Listed On 07/10/2018

Status: Active

13 Bed / 6 Bath
6,000 Square Feet (PER OTHER)
0.22 Acres (PER TAX RECORDS)

Listing #517256 (FRESNO MLS)

LONDON PROPERTIES INVESTMENT GROUP

REALTOR® / Lic. #01189466

559.436.4065

lpig@londonproperties.com

Presented By:

London Properties Investment Group

(559) 436-4065

Email London Properties


[GET DIRECTIONS]

1901 E Lewis Avenue

Fresno, CA 93701

1901 E Lewis Avenue

Fresno, CA 93701

[GET DIRECTIONS]


Presented By:

London Properties Investment Group

(559) 436-4065

Email London Properties

Presented By:

London Properties Investment Group

(559) 436-4065

Email London Properties

$375,000 13 Bed / 6 Bath 6,000 Square Feet (PER OTHER) 0.22 Acres (PER TAX RECORDS) Status: Active Listing #517256 (FRESNO MLS) Listed On 07/10/2018

This 6plex is a money maker! $4,700/month in gross rents sets the Buyer up for immediate cash flow at the close of escrow. The property consists of a (5) unit building and a large single family home.
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General Information
Property Type Multi Family Property Subtype(s) 5 to 15 Units
Price Per Sq. Ft. $62.50 Days On Market/Cumulative Days On Market 220/220
APN 452 142 10[PARCEL MAP] Year Built 1968
County Fresno Area 701
Region Urban # of Units 6
# of Buildings 0 # of Stories Two
Sewer/Water Public Water, Public Sewer Gas & Electric Public Utilities
Cross Streets S/Olive & E/Abby Directions Going north on Abby turn east on Lewis and the units are on the left with the house just to the east of it.
Property Type Multi Family
Property Subtype(s) 5 to 15 Units
Price Per Sq. Ft. $62.50
Days On Market/Cumulative Days On Market 220/220
APN 452 142 10[PARCEL MAP]
Year Built 1968
County Fresno
Area 701
Region Urban
# of Units 6
# of Buildings 0
# of Stories Two
Sewer/Water Public Water, Public Sewer
Gas & Electric Public Utilities
Cross Streets S/Olive & E/Abby
Directions Going north on Abby turn east on Lewis and the units are on the left with the house just to the east of it.

Nearby Amenities

Restaurants

Groceries

Nightlife

Shopping

Arts & Entertainment

Sam's Italian Deli & Market

4.5 star rating

(596 Reviews)

Delis

$

Mediterranean Grill & Cafe

4.5 star rating

(343 Reviews)

Mediterranean

$$

Chef Paul's Cafe

4.5 star rating

(396 Reviews)

Soul Food

$$

Rio Acai Bowls - Downtown Fresno

4.5 star rating

(222 Reviews)

Acai Bowls

$

Casa de Tamales

4.5 star rating

(230 Reviews)

Mexican

$

Zamora Taqueria

4.5 star rating

(168 Reviews)

Latin American

$

Richie's Pizza & Hot Dogs

4.5 star rating

(177 Reviews)

Hot Dogs

$

Zamora Carnitas Mexican Restaurant

4.0 star rating

(193 Reviews)

Mexican

$

Umi Sushi

4.5 star rating

(277 Reviews)

Sushi Bars

$$

Standard Sweets & Spices

4.5 star rating

(258 Reviews)

Indian

$

Piemonte's Italian Delicatessen

4.5 star rating

(206 Reviews)

Delis

$

Green Papaya Mart & Deli

4.5 star rating

(92 Reviews)

Thai

$

Oggi Cosi Si Mangia

4.0 star rating

(168 Reviews)

Italian

$$$

Noodle Q Home Style Fresh Noodles

4.0 star rating

(491 Reviews)

Noodles

$

Quesadilla Gorilla

4.5 star rating

(169 Reviews)

Mexican

$

Sushiyaki

4.5 star rating

(117 Reviews)

Teppanyaki

$$

HoP PK

4.0 star rating

(313 Reviews)

Mediterranean

$$

Castillo's Mexican Food

4.0 star rating

(320 Reviews)

Mexican

$

RawFresno

4.5 star rating

(112 Reviews)

Vegan

$$

La Elegante Taqueria

4.5 star rating

(219 Reviews)

Mexican

$


Property/Unit Features
Heating & Cooling Evaporative, Floor or Wall Heat Fireplace None
Heating & Cooling Evaporative, Floor or Wall Heat
Fireplace None

School Information
School District Fresno Unified Elementary School Anthony
Junior High School Tehipite High School Fresno
School District Fresno Unified
Elementary School Anthony
Junior High School Tehipite
High School Fresno

Interior
Flooring Both    
Flooring Both

Exterior
Lot Acres (approx) 0.22 (per Tax Records) Lot Sq Ft (approx) 9,750 (per Tax Records)
Parking Features Uncovered Garage Spaces 6
Roofing Composition Exterior Stucco
Spa No Pool No
Lot Acres (approx) 0.22 (per Tax Records)
Lot Sq Ft (approx) 9,750 (per Tax Records)
Parking Features Uncovered
Garage Spaces 6
Roofing Composition
Exterior Stucco
Spa No
Pool No

Miscellaneous Data
REO/Bank Owned No Annual Income $56,400.00
Annual Expense $25,380.00 Net Income $31,020.00
Tenant Pays Electricity, Gas, Cable TV Income Includes Unit Rent
Expenses Include Management, Gardener, Maintenence/Repair, Insurance, Accounting/Legal, License/Ads, Water, Sewer, Taxes, Vacancy Factor Sources of Inc/Exp Projected
REO/Bank Owned No
Annual Income $56,400.00
Annual Expense $25,380.00
Net Income $31,020.00
Tenant Pays Electricity, Gas, Cable TV
Income Includes Unit Rent
Expenses Include Management, Gardener, Maintenence/Repair, Insurance, Accounting/Legal, License/Ads, Water, Sewer, Taxes, Vacancy Factor
Sources of Inc/Exp Projected

Courtesy of Michael Garabedian, London Properties, Ltd.

The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange (IDX) of the Multiple Listing Service. Real estate listings are marked with the IDX logo and detailed information about them includes the name of the listing broker and the name of the listing agent. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.

 

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