581 W Lincoln, Clovis CA, 93612

Pending

581 W Lincoln

Clovis CA, 93612

$4,850,000

$209.38 per sqft

Pending

50 Beds

46 Baths

23,164 sqft

Multi-family

Built in 1987

The Clovis Portfolio consists of two properties, The Lincoln built in 1987 and Alder built in1964. This offers a savvy long-term investor the opportunity to purchase an asset in thecity of Clovis, one of California's most sought-after community. Below Market Rents: The market rents at both properties are below area comps. Our RentSurvey reveals at least another 35 cents per square foot is available with no additionalupgrades. Value-Add Opportunity: With upgrades, the future owner can achieve rent premiums asmuch as $50.00 to $100.00 per month. Access to Major Employment and Education Centers: The Clovis Portfolio is just eastof California State University- Fresno. To the south is freeway 168.

618527

MLSⓇ ID

August 20, 2024

Listed

October 19, 2024

Updated

Map

581 W Lincoln
Clovis CA, 93612

Interior Features

Bedrooms: 50
Total Bathrooms: 46
Fireplace: No
Fireplace Description: None
Cooling: Yes
Cooling Description: Central Heat/Cool
Heating: Yes

Exterior/Building Features

Lot Size: 0.92 Acres
Exterior Features: Urban
Lot Features: Urban
Roof: Composition

School Information

School District: Clovis Unified

Other Property Details

Area Name: 612
Garage: Yes
Garage Spaces: 6
Parking: Carport, Open
View: No
County: Fresno
Water Source: Public
Pool: No

Listing History

Date	Event	Price
10/18/2024	Pending	—

Listed by Brendan Kane Real Estate, Brendan L. Kane,
Listing Contact: 559-892-0036

All properties are subject to prior sale, change or withdrawal. 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. The information being provided 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. Data last updated 10/19/2024 3:05 PM UTC.