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33 photos
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$979,000
Est. payment /mo
15 Beds
5 Baths
4,500 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $217
MLS Listing ID 626204
Bedrooms 15
Full Baths 5
HOA Y/N No
Year Built 1970
Lot Size 7,248 Sqft
Property Sub-Type Multi Family
Property Description
Turnkey 5-Unit Investment Opportunity in Booming Fresno Rental Market!Seize this rare opportunity to own a high-performing fiveplex in the heart of Fresno! Featuring five spacious 3-bedroom, 1-bath units, this fully remodeled complex is a prime addition to any investment portfolio. Unit 101-$1800, Unit 102-$1900, Unit 103-$1900, Unit 201-$1849, Unit 202-$1800✔ High Rental Income & Growth Potential - Generating a strong gross income of $110,988 annually, with room to increase rents. Three units are secured by Section 8, while two operate under standard leases. Fresno Housing Authority has increased rental allowances annually, with the current maximum rent for a 3-bedroom at $2,200unlocking even more revenue potential!✔ Recently Renovated & Well-Maintained - All units have been remodeled within the past year, ensuring modern appeal and minimal maintenance. The complex is clean, well-kept, and fully occupied with current tenants, providing immediate cash flow from day one.✔ Prime Location for Renters - Conveniently located near Hwy 41, offering easy access to major employers, shopping, dining, and entertainment. This sought-after neighborhood ensures high tenant demand and long-term stability.Invest with Confidence! Properties like this don't last longschedule a showing today and take advantage of this exceptional multi-family investment!📞 Call your Realtor now for more details!
Location
State CA
County Fresno
Interior
Heating Floor or Wall Heat
Cooling Wall/Window Unit(s)
Fireplaces Type None
Exterior
Parking Features Carport
Utilities Available Public Utilities
Roof Type Composition
Building
Lot Description Urban
Story 2
Foundation Concrete Perimeter
Sewer On, Public Sewer
Water Public
Schools
High Schools Fresno Unified
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Listed by Realty Concepts, Ltd. - Clovis