Listing ID591978
Price$825,000
StatusPending AcceptBackup
Bedrooms15
Total Baths5
SqFt
4,500
Acres
0.166
CountyFresno
Year Built1970
Property TypeMulti-Family
Property Sub Type5 to 15 Units
Great turn key investment to add to your portfolio in the rising Fresno rental market. All 5 units are 3 bedroom 1 bath with room to grow the rents over time. 3 of the units are section 8, 2 are normal lease. with a gross income of $69,720 and all tenants current you dont want to miss out on this one! Call your Realtor today
County
Fresno
Price Before Reduction
850000
Price Reduction Date
2023-03-31T02:32:03+00:00
Property Sub Type
5 to 15 Units
Property Type
Multi-Family
Year Built
1970
Fireplace
None
Floor
Concrete Perimeter
Heating/Cooling
Evaporative, Floor or Wall Heat, Window or Wall A/C
Stories
Two
Exterior
Stucco, Wood
Gas & Electric
Public Utilities
Lot Measurement
SqFt
Lot Square Footage
7250
Parking
Carport
Roofing
Composition
Sewer/Water
Public Water, Public Sewer
APN
45230601
Area
701
Cross Street Address
Belmont & Abby
Directions
From Fresno St Head west bound on Belmont turn right on N Clark St then turn left on E White it is the last property on the left
FIPS Code
19
School District
Fresno Unified
School Name 1
Roosevelt
School Name 2
Tehipite
School Name 3
Anthony
School Type 1
High School
School Type 2
Junior High School
School Type 3
Grade School
Association
Fresno MLS
Cumulative Days On Market
49
Days On Market
49
Lot Size Source
(Tax Records)
Property Disclaimer
Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.
Square Footage Source
Tax Records
Total Units
5
1st Loan Type
Free & Clear
Agreement Type
Exclusive Right To Sell
Annual Expense
25763
Annual Income
69720
Expenses Include
All
Income Includes
Unit Rent
Lease Type
Net
Net Income
43957
Price Per Acre
4957932.69
Price Per Square Foot
183.33
REO/Bank Owned
no
Sources of Income/Expenses
Property Manager
Tenant Pays
Electricity, Gas, Cable TV
Terms
Conventional, Cash
Transaction Type
Sale
Unique Conditions
1031 Exchange
Listing courtesy of Austin Wyrick of Guarantee Real Estate
Contact - Listing ID 591978
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
