1. California
  2. Clovis
  3. 1527 Lind Avenue
$816,480

1527 Lind Avenue, Clovis, CA 93612

  • 8 beds |
  • 4 baths |
  • 3,780 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1970
  • Property Lot Size Icon0.3acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $216/sqft
  • Property List Date Icon Listed 3 days ago

Property Description

Discover a well-maintained, single-story 4-plex ideally located near top-rated schools and convenient shopping. This turnkey property has been professionally managed, ensuring consistent performance and reliable oversight.Each unit offers 2 bedrooms and 1 bath, all in good condition with a strong tenant history. Current gross rental income is approximately $70,000 per year, with annual expenses around $20,000, resulting in a 6.15% cap rate.Current monthly rents are $1,350, $1,495, $1,495, and $1,495, with shared utility costs averaging approximately $550 every other month.The property has been diligently maintained since the seller's purchase in 2018, including $5,000 in recent tree trimming and ongoing attention to upkeep. All financials, leases, and reports are available through management for buyer review. With stable cash flow, professional management in place, and a solid return in a desirable rental market, this property is an excellent addition to any investor's portfolio.

Listing Status:
Active
Listing Office:
Concierge Real Estate Services : 209-742-4580
Listing Agent:
Tierzah K. Smith : 209-742-4580
MLS ID:
638343
  • A/C: Central Heat/Cool
  • Heating:
  • Fireplace: None
  • Disability Feature: One Level Floor
  • Parking: CarportCovered
  • Roofing: Composition
  • General: StuccoWood SidingOneConcrete Perimeter
  • Originating MLS: Fresno MLS
  • School District: Clovis Unified
  • County: Fresno
  • Zoning: 49716024
  • Utilities: Public UtilitiesNatural Gas ConnectedOn
  • Water: Public
  • Source: Fresno MLS

This listing courtesy of Tierzah K. Smith, Concierge Real Estate Services

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

S

Sierra Vista Elementary School

510 Barstow Ave, Clovis, CA, 93612

Grades KG-6

0.47 miles away

C

Clark Intermediate School

902 5th St, Clovis, CA, 93612

Grades 7-8

1.09 miles away

C

Clovis High School

1055 Fowler Ave, Clovis, CA, 93611

Grades 9-12

1.80 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.