642 N Thorne Avenue
Fresno, CA, 93728
$725,000
9 Beds
7 Baths
3,643 SqFt
0.15 Acres
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Discover an unbeatable investment opportunity at 642 N Thorne Ave, Fresno, CA 93728. This charming multifamily property features 7 units, including a mix of 2B1B apartments and studios, offering a total rental income of $81,660/year. With a 7% cap rate at 100% occupancy, this low-rise apartment building presents a lucrative investment in a desirable location just 15 minutes away from Fresno University and the vibrant Tower District. The property, listed at $725,000, comes with the added perk of a $10,000 discount when using the preferred lender. It is being sold as-is, ideal for savvy investors looking to maximize returns. Don’t miss this chance to own a piece of Fresno’s real estate market and generate consistent passive income.

Property Details

Price:
$725,000
MLS #:
623781
Status:
Active
Beds:
9
Baths:
7
Address:
642 N Thorne Avenue
Type:
Multi Family
Subtype:
5 to 15 Units
Neighborhood:
728
City:
Fresno
Listed Date:
Jan 15, 2025
State:
CA
Finished Sq Ft:
3,643
ZIP:
93728
Lot Size:
6,500 sqft / 0.15 acres (approx)
Year Built:
1927
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Fresno Unified

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