MLS # 436601 | Listed by Paul Gestic with Fresno Income Properties|paul@fresnoincomeproperties.com;559-438-9410424 S Chestnut Avenue is a $1,755,000, 9,650 square foot, 25 bedroom, 14.0 bath home on a 0.46 acre lot located in Fresno, CA.
This 13-unit, two story gated complex comprises a versatile mix of living spaces, including 10 comfortable 2-bed/1-bath units, 2 cozy 1-bed/1-bath units, and 1 spacious 3-bed/2-bath unit. Tenants enjoy the convenience of nearby shopping center featuring Walgreens, Home Depot, Chase Bank, and various dining options that is just a short walk away. Whether you're an experienced investor looking to expand your portfolio or in search of a 1031 exchange property, this is your chance. Please respect tenant privacy and refrain from walking on the grounds.Neighboring 14 Unit complex at 423 S. Dearing is also available to form a 27 unit complex.
| Above Grade Sqft | 9,650 |
| Interior Features | Floor or Wall Unit Window or Wall A/C |
| Fireplace Types | None |
| Parking Types | Carport |
| Exterior Features | Stucco Wood Public Utilities Washer/Dryer (s) Sprinkler - Front |
| Construction Types | Concrete and Wood Subfloor |
| Water Source | Public Water |
| Sewer | Public Sewer |
| Property Type | Income |
| Property Sub Type | 5 to 15 Units |
| Year Built | 1964 |
| County | fresno |
| School District | fresno unified |
Based on information from the Fresno Association of Realtors® Multiple Listing Service, last updated 12/02/2023 at 08:50pm MST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS or this website. The Broker's Offer of Compensation is made only to Participants of the MLS where the listing is filed.
