Listing ID468599
Sold For$399,950
Statussold
Bedrooms8
Total Baths8
SqFt
5,423
Acres
0.390
CountyFresno
Year Built1948
Property TypeMulti-Family
Property Sub Type5 to 15 Units
Presenting pride of ownership turnkey 8-unit complex. Recent updates include wrought iron fence, AC, new roof, and lighting. All units are 1bed/1bath, fully occupied and being offered at $49K each. Please drive by the property to see for yourself why tenants stay long term. This property will be a great asset to any real estate portfolio. Please do not walk the grounds or disturb the tenants.
County
Fresno
Property Sub Type
5 to 15 Units
Property Type
Multi-Family
Year Built
1948
Floor
Wood Subfloor
Heating/Cooling
Floor or Wall Heat, Window or Wall A/C
Refrigerator
More than One Unit
Stories
One Story
Stove
More than One unit
Exterior
Stucco
Gas & Electric
Public Utilities
Lot Measurement
SqFt
Lot Square Footage
16800
Parking
Carport, One Space per Unit
Roofing
Comp Shingle
Sewer/Water
Public Water, Public Sewer
Yard
Sprinkler - Manual, Fenced, Mature Landcsape
APN
44628331
Area
703
Cross Street Address
McKinley/Cedar
Directions
Property is located on the south end of Mckinley between First St and Cedar
FIPS Code
19
School District
Fresno Unified
School Name 1
McLane
School Name 2
Scandinavian
School Name 3
Wilson
School Type 1
High School
School Type 2
Junior High School
School Type 3
Grade School
Street Number Modifier
3465
Association
Fresno MLS
Cumulative Days On Market
35
Days On Market
35
Property Disclaimer
Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.
Square Footage Source
Tax Records
Total Buildings
1
Total Units
8
1st Loan Type
Non-Assumable
Agreement Type
Excl. Right to Sell
Annual Expense
18690
Annual Income
53400
Expenses Include
Management, Gardener, Maintenence/Repair, Electric, Water, Sewer
Income Includes
Unit Rent, Month to Month, Lease, Both
Lease Type
Net
Net Income
34710
Price Per Acre
1036945.81
Price Per Square Foot
73.75
REO/Bank Owned
no
Sale/Options
Total Parcel Only
Sources of Income/Expenses
Owner
Tenant Pays
Electric, Gas, Cable TV
Terms
Conventional, Cash Only, Submit
Transaction Type
Sale
Listing courtesy of Paul Gestic of Fresno Income Properties
©2024 Based on information from the Fresno Association of REALTORS (alternatively, from the Fresno MLS) as of Friday, March 29th, 2024. The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange (IDX) of the Multiple Listing Service. Real estate listings held by brokerage firms other than Fresno Income Properties are marked with the IDX logo and detailed information about them includes the name of the listing broker and the name of the listing agent. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information herein deemed reliable but not guaranteed. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.Contact - Listing ID 468599
Fresno Income Properties - Paul Gestic
7575 N. Del Mar Avenue, Suite 102
Fresno, CA 93711
Phone: 559-438-9410
Data services provided by IDX Broker