1835 E Hammond Avenue, Fresno, CA 93703
- 2 beds
- 816 sqft
Single-Family Home
Built in 1916
5,092sqft lot
—— car garage
$257/sqft
Listed 2 months ago
Property Description
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.
- Listing Status:
- Active
- Listing Office:
- HomeSmart PV and Associates : 559-473-2555
- Listing Agent:
- Harpreet K Sangha : 559-885-4447
- MLS ID:
- 626788
- Appliances: F/S Range/Oven
- Laundry: Inside
- Basement: None
- A/C: Evaporative CoolingWall/Window Unit(s)
- Heating: Floor or Wall Unit
- Disability Feature: Wheel Chair AccessHand RailsOne Level Floor
This listing courtesy of Harpreet K Sangha, HomeSmart PV and Associates
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Anthony Elementary School
1542 E Webster Ave, Fresno, CA, 93728
Grades KG-6
0.27 miles away
Tehipite Middle School
630 N Augusta St, Fresno, CA, 93701
Grades 7-8
0.71 miles away
J. E. Young Academic Center
822 N Abby St, Fresno, CA, 93701
Grades KG-12
0.35 miles away