$210,000

1835 E Hammond Avenue, Fresno, CA 93703

  • 2 beds
  • 816 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1916
  • Property Lot Size Icon5,092sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $257/sqft
  • Property List Date Icon 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

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Anthony Elementary School

1542 E Webster Ave, Fresno, CA, 93728

Grades KG-6

0.27 miles away

T

Tehipite Middle School

630 N Augusta St, Fresno, CA, 93701

Grades 7-8

0.71 miles away

J

J. E. Young Academic Center

822 N Abby St, Fresno, CA, 93701

Grades KG-12

0.35 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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