Duplex just outside Old Town Clovis, suited to an investor or an owner-user looking to offset a mortgage. Each unit offers 2 bedrooms, 1 bath, washer and dryer hookups, an attached one car garage, and private patio space in the backyard. Current rents are $1,550 and $1,475. The current annual allowable increase under AB 1482 is 8.6%. One of the two units is currently eligible for increase. The 7,425 square foot lot provides separation between units and usable private yard space for each tenant. Location puts Old Town Clovis dining and shopping, the Old Town Trail, and Clovis Unified schools within minutes. Small multifamily rarely comes available this close to Old Town. Submit offers subject to inspection.
Investment opportunity in Clovis! This triplex at 1058 Pierce Dr offers three income-producing units on a 0.25-acre lot, built in 1973 with approximately 3,354 total square feet. Located in a well-established Clovis neighborhood close to shopping, schools, and easy freeway access. Ideal for the investor seeking cash flow or an owner-occupant looking to offset their mortgage with rental income. Unit C is available to preview at this time. Contact listing agent for full unit breakdown and financials. Buyer to independently verify all information including square footage, unit configuration, and income.
This well-maintained 16-unit multifamily property, located in the highly sought-after city of Clovis, presents an exceptional investment opportunity with both strong in-place income and future upside. The property is currently generating approximately $16,572 per month in gross rents, with clear potential to increase income by aligning rents with current market rates.Comprised of sixteen spacious 2-bedroom, 1-bathroom unitseach approximately 750 square feetthe property is in turnkey condition, offering minimal maintenance needs and a smooth transition for new ownership. An on-site laundry facility provides added convenience for tenants and an additional income stream for the owner.Set in a prime location with high rental demand, this asset offers investors immediate cash flow along with the opportunity for long-term appreciation and value growth. Don't miss the chance to acquire a consistent, high-performing asset in one of the Central Valley's most desirable rental markets.
Clovis is located in California. Clovis, California has a population of 118,488. Clovis is more family-centric than the surrounding county with 34.82% of the households containing married families with children. The county average for households married with children is 32.95%.
The median household income in Clovis, California is $89,769. The median household income for the surrounding county is $61,276 compared to the national median of $69,021. The median age of people living in Clovis is 34.9 years.
The average high temperature in July is 98.3 degrees, with an average low temperature in January of 38 degrees. The average rainfall is approximately 13 inches per year, with 0 inches of snow per year.
