2825 E Harvard Active Save Request In-Person Tour Request Virtual Tour
Fresno,CA 93703
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,602 sqft
Price per Sqft $170
MLS Listing ID 631391
Bedrooms 13
Full Baths 9
HOA Y/N No
Year Built 1953
Lot Size 0.372 Acres
Property Sub-Type Multi Family
Property Description
The Harvard Apartments is a multifamily investment opportunity located at 2 East Harvard Ave in Fresno,California. The property consists of 9 units: four 2-bedroom/1-bath units and five 1-bedroom/1-bath units, totalingapproximately 6,602 square feet. Located in an established, quiet neighborhood across from the VA Community Living Center, with long-termtenants and a clean courtyard setting. 9-unit multifamily property with a mix of 2-bed and 1-bed units, totaling 6,602 sq ft. Current average rent is $1,064 per unit, with market rent potential up to $1,240 per unit. Pro forma net operating income is $111,511, with a cap rate of 9.91% and projected cash-on-cash return up to13.7%.
Location
State CA
County Fresno
Interior
Cooling Central Heat/Cool
Fireplaces Type None
Exterior
Parking Features Covered
Utilities Available Public Utilities
Roof Type Wood,Composition
Building
Lot Description Urban
Foundation Concrete Perimeter
Sewer On
Water Public
Schools
High Schools Fresno Unified