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$ 640,000
Est. payment | /mo
5 Beds
5 Baths
2,200 SqFt
$ 640,000
Est. payment | /mo
5 Beds
5 Baths
2,200 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,200 sqft
Price per Sqft $290
MLS Listing ID 648966
Bedrooms 5
Full Baths 5
HOA Y/N No
Year Built 1963
Lot Size 7,740 Sqft
Property Sub-Type Multi Family
Property Description
Central Fresno 5-Plex Investment OpportunityExcellent 5-unit multifamily property located in Central Fresno featuring five 1-bedroom, 1-bath units. This well-maintained income property offers strong cash flow with all units currently rented. Four of the five units are occupied by Section 8 tenants, providing reliable rental income.Rental IncomeUnit A: $1,116/monthUnit B: $1,232/monthUnit C: $1,157/monthUnit D: $1,182/monthUnit E: $1,315/monthTotal Gross Monthly Rent: $6,052Total Annual Gross Rent: $72,624Property HighlightsFive 1-bedroom, 1-bath units100% occupiedStrong cash flow investment opportunityFive covered carportsConvenient Central Fresno locationClose to grocery stores, gas stations, shopping, and freeway accessThis property is an excellent opportunity for investors seeking rental income and long-term growth potential in a desirable rental market.
Location
State CA
County Fresno
Interior
Heating Floor or Wall Heat
Cooling Evaporative Cooling, Wall/Window Unit(s)
Fireplaces Type None
Exterior
Parking Features Carport
Utilities Available Public Utilities, Natural Gas Connected
Roof Type Rolled/Hot Mop
Building
Lot Description Urban
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Schools
High Schools Fresno Unified
Listed by HomeSmart PV and Associates
NEARBY SCHOOL & BUSINESS