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$ 2,600,000
Est. payment | /mo
8 Beds
16 Baths
11,668 SqFt
$ 2,600,000
Est. payment | /mo
8 Beds
16 Baths
11,668 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 11,668 sqft
Price per Sqft $222
MLS Listing ID 650776
Bedrooms 8
Full Baths 16
HOA Y/N No
Year Built 1928
Lot Size 6,150 Sqft
Property Sub-Type Multi Family
Property Description
Excellent investment opportunity in Fresno's Historic District! This well-maintained 16-unit building offers strong cash flow. Units are in high demand, and vacancies lease quickly, providing consistent occupancy and income potential.Recent improvements include a new roof, helping reduce future capital expenses and adding value for years to come. The property is ideally located near Fresno City College, Fresno High School, and the vibrant Tower District, offering tenants convenient access to education, dining, shopping, and entertainment. Commuters will appreciate the easy access to Highway 41 and Highway 180, providing connectivity throughout the Fresno metropolitan area.This is a 3 level unit. The first two levels feature 1 bedroom, 1 bath units. The third level features 8 studios.Whether you are looking to expand your portfolio or acquire a turnkey multifamily asset with proven income performance, this property presents a rare opportunity in one of Fresno's most desirable and centrally located neighborhoods.
Location
State CA
County Fresno
Interior
Heating Floor or Wall Heat
Cooling Wall/Window Unit(s)
Fireplaces Type None
Exterior
Parking Features Garage
Utilities Available Public Utilities
Roof Type Composition,Tile
Building
Lot Description Urban
Foundation Concrete Perimeter, Wood Subfloor
Sewer Public Sewer
Water Public
Schools
High Schools Fresno Unified
Listed by eXp Realty of California, Inc.
NEARBY SCHOOL & BUSINESS