Fresno, CA 93728,616 N Fulton ST
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Fresno, CA 93728,616 N Fulton ST
Fresno, CA 93728,616 N Fulton ST
Fresno, CA 93728,616 N Fulton ST
Fresno, CA 93728,616 N Fulton ST
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$ 425,000
Est. payment /mo
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616 N Fulton ST Fresno, CA 93728

2 Beds

3 Baths

3,220 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,220 sqft

Price per Sqft $131

MLS Listing ID 642032

Bedrooms 2

Full Baths 3

HOA Y/N No

Year Built 1980

Lot Size 0.300 Acres

Property Sub-Type Commercial

Property Description

Incredible investment opportunity in Fresno's Tower District. This property is 100% occupied with gross monthly rents totaling $3,650. There are two offices downstairs and a 2 bedroom, 1 bathroom apartment upstairs. Ample parking lot includes 6-10 stalls.



616 N Fulton St - Gross Rent $1,000/mo - Office occupied by non-profit

618 N Fulton St - Gross Rent $1,200/mo - 2 Bedroom 1 Bathroom Apartment

620 N Fulton St - Gross Rent $1,000/mo - Office occupied by non-profit



Owner's current monthly expenses include:

$78 - Trash/water/sewer

$383.33 - Insurance

$147.91 - PG&E (LL responsible for 25%. this is the average based on last year's PG&E)
$200 - Repairs/Maintenance

$237.50 - Property Tax(net after reimbursement for cell tower reimbursement)



Annual NOI - $28,239

6.64% CAP Rate



Cell tower on property does not provide income. Seller currently pays property tax for cell tower and is reimbursed by that company for property tax portion of cell tower.

Location

State CA

County Fresno

Zoning TWR

Interior

Cooling Central Heat/Cool

Exterior

Parking Features 6 - 10 Spaces

Roof Type Flat

Building

Story 2

Sewer Public Sewer

Water Public


Fresno MLS
Listed by Vasili Sotiropulos Hyatt Real Estate
SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Morris E. Dailey Charter Elementary School

    Public | KG - 5

  • 10

    Manchester Gate

    Public | 2 - 6

  • 7

    Sunset Elementary School

    Public | KG - 8

  • 7

    Lowell Elementary School

    Public | KG - 6

  • 6

    Webster Elementary School

    Public | KG - 6

  • 6

    Wishon Elementary School

    Public | KG - 6

  • 5

    Valley Preparatory Academy Charter

    Public | KG - 12

  • 5

    Homan Elementary School

    Public | KG - 6

  • 5

    Edison-Bethune Charter Academy

    Public | KG - 6

  • 5

    Powers-Ginsburg Elementary School

    Public | KG - 6

  • 5

    Del Mar Elementary School

    Public | KG - 6

  • 5

    Susan B. Anthony Elementary School

    Public | KG - 6

  • 5

    Akira Yokomi Elementary School

    Public | KG - 6

  • 5

    Jefferson Elementary School

    Public | KG - 6

  • 5

    Birney Elementary School

    Public | KG - 6

  • 5

    Winchell Elementary School

    Public | KG - 6

  • 5

    Vang Pao Elementary School

    Public | KG - 6

  • 4

    Hamilton Elementary School

    Public | KG - 8

  • 4

    Lincoln Elementary School

    Public | KG - 6

  • 4

    Jackson Elementary School

    Public | KG - 6

Middle Schools 16
  • 10

    Edison Computech

    Public | 7 - 8

  • 5

    Cooper Middle School

    Public | 6 - 8

  • 2

    Sequoia Middle School

    Public | 7 - 8

  • 1

    Phoenix Secondary School

    Public | 7 - 12

  • 1

    Big Picture High School - Fresno

    Public | 7 - 12

  • 1

    Gaston Middle School

    Public | 7 - 8

  • 1

    Fort Miller Middle School

    Public | 7 - 8

  • 1

    Tehipite Middle School

    Public | 6 - 8

  • 1

    Yosemite Middle School

    Public | 7 - 8

  • 0

    Pathway Community Day

    Public | 7 - 12

  • 0

    Dunamis

    Private | 6 - 12

  • 0

    New Millennium Institute of Education Charter

    Public | 7 - 12

  • 0

    Opportunities for Learning - Fresno

    Public | 7 - 12

  • 0

    Dewolf Continuation High School

    Public | 7 - 12

  • 0

    Fresno County Community Day

    Public | 7 - 12

  • 0

    Carter G. Woodson Public Charter

    Public | 7 - 12

High Schools 8
  • 9

    Design Science Early College High School

    Public | 9 - 12

  • 7

    Edison High School

    Public | 9 - 12

  • 4

    Fresno High School

    Public | 9 - 12

  • 1

    McLane High School

    Public | 9 - 12

  • 0

    Pershing Continuation High School

    Public | 9 - 12

  • 0

    Fresno Academy for Civic and Entrepreneurial Leadership

    Public | 9 - 12

  • 0

    School of Unlimited Learning

    Public | 9 - 12

  • 0

    San Joaquin Memorial High School

    Private | 9 - 12

School and business data provided by Attom Data.
Mario Rivera

Mario Rivera

Broker Associate

+1(559) 549-4093

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616 N Fulton ST