1526 N Palm Ave, Fresno

$219,500

4 Beds
2 Baths
2,262 Sqft
.14 Acres
0 Garages

Seller does not want to go through any lending obstacles, so he will only consider cash offers, nothing else.  He will not carry either. A great opportunity to own a single property with a commercial store front on Palm and a residential home behind on Ferger. 1526 N Palm is block wall construction, has a showroom, back office/storage, and bathroom complete with shower. Central heat and cool, and currently gets $850 per month base rent, NNN lease where tenant pays (reimbursement) for property taxes and insurance. (Lease term is 10/1/17-9/30/2020) The 3 bedroom 1 bathroom home behind the commercial building is on 1533 N Ferger, has central heating and cooling, laundry room inside, and gets $1,100 per month rent (month to month lease).Each unit has its own PGE meter. Total annual net income is $22,878, 10% CAP! PLEASE DO NOT DISTURB TENANTS. Seller does not want to go through any lending obstacles, so he will only consider cash offers, nothing else.  He will not carry either.

Essential Information
MLS® #498351
Price$219,500
Bedrooms4
Bathrooms2.00
Square Footage2,262
Acres0.14
Year Built1951
TypeCommercial
Sub-TypeRetail Strip, Showroom/Tech
StatusActive
Community Information
Address1526 N Palm Ave
Area728
CityFresno
CountyFresno
StateCA
Zip Code93728
Amenities
ParkingStreet
Interior
HeatingCentral Heat/Cool
CoolingCentral Heat/Cool
# of Stories1
StoriesOne
Exterior
ExteriorBrick/Block, Other
RoofComposition, Other
Additional Information
Date ListedMarch 5th, 2018
Days on Market612
ZoningCMS
Listing Details
AgentAram J. Melikian
OfficeColdwell Banker Premier R.E
Property History
Price Reduced from $225,900 to $219,500
Price Reduced from $239,000 to $225,900
Price Reduced from $249,000 to $239,000
Price Reduced from $259,000 to $249,000

Data last updated: November 18th, 2019 at 7:59am CST and updating occurs up to every 15 minutes

The information being provided by FRESNO Association of REALTORS® is 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.

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