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Charlene Anderson

eXp Realty

casellshomes@yahoo.com +1(559) 312-0115

$ 1,700,000

Est. payment | -/mo

9 Beds

6 Baths

4,676 SqFt

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$ 1,700,000

Est. payment | -/mo

Save

9 Beds

6 Baths

4,676 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,676 sqft

Price per Sqft $363

MLS Listing ID 648303

Bedrooms 9

Full Baths 6

HOA Y/N No

Year Built 1916

Lot Size 0.430 Acres

Property Sub-Type Multi Family

Property Description

6 Houses Investment Opportunity | Strong Kingsburg Rental Market | Value-Add UpsideRare opportunity to acquire a 6 unit income-producing portfolio across three contiguous downtown parcels totaling 18,750 sq ft in the highly desirable and supply-constrained Kingsburg rental market. 5 single family homes plus an apartment o 3 separate lots. This unique offering includes a mix of single-family homes and an apartment unit, all fully rented with strong in-place income and excellent upside potential.Total Current Monthly Income: $8,450 | Annual: $101,400 Breakdown of rents upon requestHomes have been tastefully updated, enhancing tenant appeal and minimizing near-term capital expenses, while one unit remains largely original offering an additional value-add opportunity for increased rents.Property Highlights3 separate legal lots (flexibility for future sale or development)18,750 sq ft total lot size - unusually large for this areaR2 zoning - potential for additional units or expansion (buyer to verify)Majority of units have been partially remodeledExcellent tenant appeal with a mix of 1 and 2 bedroom unitsAlso includes garages, mini cold storage and 2 basements.Prime Location Ideally located across from churches and a park, providing a desirable setting for tenants. Kingsburg continues to be a strong rental market with consistent demand.Why This Property Stands OutMultiple parcels = flexibility + future exit strategiesLarge lot size = development potentialBelow-market rents = built-in equity growthSolid tenant demand areaKingsburg continues to experience strong rental demand with limited inventory, and current rents are believed to be below market, providing a clear path for future income growth and improved returns.The property spans three separate APNs and has historically functioned as a cohesive multi-unit investment.All parcels to be sold together. Opportunities like this are rarescale, location, zoning, and upside all in one package. Whether you're looking to increase cash flow, add units, or hold for appreciation, this property checks every box.Buyer to verify all information, including lot lines, boundary conditions, and any potential non-conforming improvements.

Location

State CA

County Fresno

Interior

Heating Central

Cooling Central Heat/Cool, Central Air, Wall/Window Unit(s)

Fireplaces Type None

Exterior

Parking Features Carport, Covered, Open

Garage Spaces 2.0

Utilities Available Public Utilities, Natural Gas Connected

Roof Type Composition

Building

Lot Description Suburban, Sprinklers In Front, Sprinklers In Rear, Sprinkler - Auto, Mature Landcsape

Story 1

Foundation Concrete Perimeter, Wood Subfloor

Sewer Public Sewer

Water Public

Schools

High Schools Kingsburg Schools

Listed by Kelly Bennett, Broker

NEARBY SCHOOL & BUSINESS

Charlene Anderson, Realtor

Phone

+1(559) 312-0115

casellshomes@yahoo.com

Address

USA

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REVIEWS

* “ As first-time home buyers we were nervous, but Charlene guided us every step of the way. She was on top of all the new listings and sent us updates daily. Worked with our schedules to view homes, we always felt like a priority. I would highly recommend Charlene she knows her stuff and you will not be disappointed”

Cruz, C

* “My husband and I had some questions regarding our property. Charlene responded to our questions immediately. She provided information needed to make an informed decision. I would highly recommend Charlene. She is friendly and down to earth. I found it easy discussing our complicated situation with her. She is extremely knowledgeable and uses her resources to deliver great customer service. We will definitely go back to Charlene for any future needs”.

Vargas, D

* “Charlene Anderson is an outstanding agent. She went above and beyond the call of fiduciary responsibilities. We had a very difficult transaction and she handled with intelligence, composure, and expertise that is admirable. I would recommend her to any prospective buyers/sellers without reservation”.

Stokes, R

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1300 Marion ST Kingsburg, CA 631