Listing ID594041
Price$525,000
StatusPending AcceptBackup
Bedrooms5
Total Baths5
SqFt
468
Acres
0.344
CountyFresno
Year Built1958
Property TypeMulti-Family
Property Sub Type5 to 15 Units
Great opportunity to own 5 individual rental properties! These individual houses are located on a 15,000 sqft corner lot, minutes away from FWY 99. Each property is approximately 468sqft, each with 1 bedroom & 1 bath. Potential rent income from Section 8 is $1272 per house, totaling $6360 per month, $76,320 per year. Current rents are below market rate. Also near Malaga Community Park & Recreation Center which has pool, soccer field and play ground. Make a contingency offer subject to inspection.
County
Fresno
Property Sub Type
5 to 15 Units
Property Type
Multi-Family
Year Built
1958
Fireplace
None
Floor
Concrete Perimeter
Heating/Cooling
Floor or Wall Heat, Window or Wall A/C
Stories
One
Exterior
Wood
Gas & Electric
Public Utilities
Lot Measurement
SqFt
Lot Square Footage
15000
Roofing
Composition,Rolled Comp
Sewer/Water
Public Water, Public Sewer
Site Amenities
Corner
Yard
Mature Landcsape
APN
33116306
Area
725
Cross Street Address
Chestnut & Central
Directions
From 99S take exit onto Central Ave, turn left on Chestnut, right on Muscat and right on Frank
FIPS Code
19
School District
Fowler Unified
School Name 1
Fowler
School Name 2
Sutter
School Name 3
Malaga
School Type 1
High School
School Type 2
Junior High School
School Type 3
Grade School
Association
Fresno MLS
Cumulative Days On Market
23
Days On Market
23
Lot Size Source
(Tax Records)
Property Disclaimer
Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.
Special Features
Extra Storage, Laundry in Each Unit
Square Footage Source
Tax Records
Total Units
5
1st Loan Type
Non-Assumable
Agreement Type
Exclusive Right To Sell
Annual Income
76320
Expenses Include
None
Income Includes
Unit Rent
Lease Type
Net
Price Per Acre
1524390.24
Price Per Square Foot
1121.79
REO/Bank Owned
no
Sources of Income/Expenses
None
Tenant Pays
Electricity, Gas
Transaction Type
Sale
Listing courtesy of Judy Rangel-Ramos of Coldwell Banker Residential Br
Contact - Listing ID 594041
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
