Hassle-Free Investment Opportunity – Immediate Rental IncomeThis turnkey rental property offers a long-term tenant, steady cash flow, and minimal maintenance, making it an excellent buy-and-hold investment. The tenant has been in place for an extended period, paying $1,500 per month, ensuring consistent income with no vacancy concerns.PLEASE DO NOT DISTURB THE TENANT. All Offers are subject to inspeciton. All inquiries must go through the listing agent. Showings will only be scheduled with an executed contract to respect tenant privacy.Investment Highlights:Long-term tenant with a reliable payment historyCurrent Rent: $1,500/month, providing immediate incomeCap Rate: ~5.5% in a strong rental marketFully occupied, reducing vacancy risk at closingPriced below market value for built-in equityLow operating costs, high-yield assetSold As-Is – No Repairs or Seller CreditsProperty Features:Low-maintenance, ideal for passive incomeTenant responsible for rent & utilitiesLocated in a high-demand rental marketPricing & Terms:Serious Investors Only – Proof of Funds RequiredCash, Private Hard Money or Conventional-No FHA/VA Tenant Lease Transfers with SaleFor more details or to submit an offer, contact today.
Property Details
Price:
$210,000
MLS #:
626788
Status:
Active
Beds:
2
Baths:
1
Address:
1835 E Hammond Avenue
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
703
City:
Fresno
Listed Date:
Mar 27, 2025
State:
CA
Finished Sq Ft:
816
ZIP:
93703
Lot Size:
5,092 sqft / 0.12 acres (approx)
Year Built:
1916
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Schools
School District:
Fresno Unified
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Community
- Address1835 E Hammond Avenue Fresno CA
- Area703
- CityFresno
- CountyFresno
- Zip Code93703
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1835 E Hammond Avenue
Fresno, CA
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