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$ 1,700,000
Est. payment | /mo
8 Beds
10 Baths
6,700 SqFt
$ 1,700,000
Est. payment | /mo
8 Beds
10 Baths
6,700 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,700 sqft
Price per Sqft $253
MLS Listing ID 650775
Bedrooms 8
Full Baths 10
HOA Y/N No
Year Built 1935
Lot Size 6,150 Sqft
Property Sub-Type Multi Family
Property Description
Exceptional multifamily investment opportunity featuring 10 fully occupied units and strong rental income. This well-performing property offers investors immediate cash flow with no current vacancies and a proven occupancy history.The building has recently received a fresh exterior paint job, enhancing curb appeal and contributing to the property's overall pride of ownership. Conveniently located in Fresno's Historic District, the property benefits from its proximity to Fresno City College, Fresno High School, and the popular Tower District, providing tenants with easy access to shopping, dining, entertainment, and educational opportunities.The first building features 8 units with 2 of them being studios. The second building has two large units as well. It also features 5 garages and 5 storage.With quick access to Highway 41 and Highway 180, residents enjoy convenient commuting throughout Fresno and the surrounding areas. Whether you're a seasoned investor or looking to add an income-producing asset to your portfolio, this well-maintained 10-unit property presents an outstanding opportunity in a highly desirable rental market.
Location
State CA
County Fresno
Interior
Cooling Wall/Window Unit(s)
Fireplaces Type None
Exterior
Garage Spaces 5.0
Utilities Available Public Utilities
Roof Type Composition
Building
Lot Description Urban
Story 2
Foundation Concrete Perimeter, Wood Subfloor
Sewer Public Sewer
Water Public
Schools
High Schools Fresno Unified
Listed by Real Broker
NEARBY SCHOOL & BUSINESS