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$ 950,000
Est. payment | /mo
15 Beds
5 Baths
4,500 SqFt
$ 950,000
Est. payment | /mo
15 Beds
5 Baths
4,500 SqFt
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 $211
MLS Listing ID 631025
Bedrooms 15
Full Baths 5
HOA Y/N No
Year Built 1970
Lot Size 6,250 Sqft
Property Sub-Type Multi Family
Property Description
🏡 Property Highlights:Five spacious 3 bed / 1 bath unitsFreshly remodeled and painted within the last two yearsSection 8 friendly 4 units currently leased through Housing AuthorityCurrent Rent Roll:Unit 101 - $1,732Unit 102 - $1,852Unit 103 - $1,808Unit 201 - $1,750Unit 202 - $1700💰 Total Potential Gross Income exceeds $128,000/year when fully rented at Housing Authority's current cap for 3-bed units ($2,200+).🚀 Why This Property Stands Out:✔ Immediate cash flow✔ High upside as voucher rates continue to increase✔ Vacant unit = ready-to-rent at full market rate✔ Low-maintenance investment thanks to recent updates✔ Great location near Highway 180, shopping centers, schools & restaurants✔ Situated in a well-maintained, clean complex in a desirable neighborhood💼 Perfect for Investors Seeking:Passive IncomeLow Risk with Housing Authority supportTurnkey Rental with Upside Growthappreciating Fresno market📞 Call today to schedule a private tour! Opportunities like this are rare and don't last long
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
Roof Type Composition
Building
Lot Description Urban
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Schools
High Schools Fresno Unified
Listed by Realty Concepts, Ltd. - Clovis
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Brandon Wilmoth
Agent | License ID: 02251504