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$1,425,000
Est. payment /mo
3 Beds
2 Baths
1,591 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,591 sqft
Price per Sqft $895
MLS Listing ID 654927
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1953
Lot Size 6,564 Sqft
Property Sub-Type Multi Family
Property Description
Rear opportunity to acquire income producing portfolio of 5 homes. Desirable floor plans of 3, 4 and 5 bedroom homes with 2 vacant and 3 long term tenant occupied. Homes are priced at $285,000 each. Fully occupied proforma delivers return of 6.7 % cap rate for savvy investor. Calculations include property taxes and home insurance as owner expenses while tenants are responsible for PG&E, utilities and yard care. The seller has several other properties that we can package in sets of 5, 10 or any other combination. Please submit offer subject to walk through inspection. Do not desturb tenants.
Location
State CA
County Fresno
Interior
Cooling Central Heat/Cool
Fireplaces Type One Unit
Exterior
Parking Features Garage, Open, More than One Space
Garage Spaces 1.0
Community Features Utility Room
Utilities Available Public Utilities, Natural Gas Connected
Roof Type Composition
Building
Lot Description Urban
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Schools
High Schools Fresno Unified
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Listed by Fresno Income Properties
Nearby Locations
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