925 S Purdue Ave - Multi-Family FOR SALE


Fresno, CA 93727
$658,400 USD
559-917-1113
925 S Purdue Ave, Fresno, CA for Sale
$658,400 USD
Multi-Family - FOR SALE
1/67
null | 10.02% Cap Rate

925 S Purdue Ave
Fresno, CA 93727


HIGHLIGHTS

  • SOLD FULLY FURNISHED
  • RECENTLY UPDATED

OVERVIEW

Welcome Home to Prosperity! ?? Nestled on a serene street within a picturesque neighborhood, this remarkable property exudes elegance and modern living. Sold fully furnished, this property is more than just a home—it's a lifestyle. The residence is divided into two distinct units, each with a private entrance, creating an intimate and versatile living space. Both units have been tastefully remodeled to showcase their beauty and functionality. Outdoor Oasis: Step outside to a lush swimming pool oasis, perfect for unwinding under the California sun. This area offers a tranquil retreat and enhances the property's allure. Versatile Investment: This property is not only a sanctuary of tranquility and prosperity but also a lucrative investment opportunity. It's ideal as a family home or a profitable rental on platforms like Airbnb, VRBO, or Furnished Finder. Property Details: Unit 1: The Crown Jewel Bedrooms: 3 Bathrooms: 2 Dining Room Laundry Area Game Room Interiors: Sunlit and adorned with forest-inspired decor Unit 2: Two-Story Gem Modern Kitchen Dining Area Cozy Living/Bedroom: With private bathrooms on each floor Development Potential: The sellers are working with the county to convert the two studios into a single 2-bedroom, 2-bathroom unit. The total square footage exceeds the amount listed on the tax records. Buyers are encouraged to verify this information. Embrace the opportunity to own a slice of paradise where every day feels like a vacation. Prosperity awaits. ?? INVESTMENT HIGHLIGHTS: Being Sold Fully Furnished - Everything is Included with the sale Easy to show, by Appointment only. Supra on site, CBS code required. Please call or text (559) 917-1113. Please send all offers to contact@gauthome.com with a letter of pre-Approval and or Proof of Funds. The property is being sold fully furnished. It was recently remodeled. The main HVAC is new. Projected CAP Rate is 9% Unit 1 (Main) - Average $3,600 per month Unit 2 (Studio) Is currently rented for $1,650 per month. Unit 2 & 3 (2 Studios) are being combined into 2 and 2 - Projected average rent is $2,500 per month.  Disclaimer: As the Listing Realtor, I ensure that all information provided is accurate to the best of my knowledge. However, I encourage all interested buyers to conduct their own due diligence and verify all aspects of the property, including but not limited to square footage, permits, and age of the units. The responsibility for verification lies solely with the buyer, and as the Realtor, I will not be verifying these details. Your understanding and proactive approach in this matter are highly appreciated.

FOR SALE DETAILS

PRICE

$658,400 USD

PRICE/SF

$322 USD /SF

# OF UNITS

2

PRICE/UNIT

$329,200

CAP RATE

10.02%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Purdue

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments, Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,000 SF

ZONING

-

APN/PARCEL ID

474-064-12

ASK ABOUT THIS PROPERTY

Gautam AtriUniversal Realty Services, IncMore Info
559-917-1113

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Gautam AtriUniversal Realty Services, IncMore Info
559-917-1113

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.