Great Opportunity: Multi-Unit Property with High PotentialThis well-maintained multi-unit property features 4 spacious units, offering excellent investment potential. Three of the four units have been beautifully remodeled within the last year, providing updated interiors for tenants.Property Details:Units: 4 total unitsUnit 408: $1261Unit 410: $1157Unit 412: $1288Unit 414: $900Tenant Details:Two Section 8 tenants, providing consistent rental income.All tenants are on month-to-month leases, giving flexibility for new ownership.Property Highlights:Building Condition: In decent shape, well-maintained.Amenities: Includes a 4-car carport, ensuring parking convenience for tenants.Location:Conveniently located within walking distance to grocery stores, shopping centers, and other essential amenities. Tenants enjoy the spacious layouts and proximity to daily conveniences, making it a highly desirable place to live.This property offers a high-potential investment opportunity with solid rental income, flexibility, and a prime location.Interior pictures are when unit was vacant, Current pictures are not possible because of privacy of tenants, Current conditions may be different.
Downtown 4 plex on historic Van Ness Ave available now! The property is fully rented earning an excellent income. Inquire for financial information.This property will earns income TODAY. Also the property's location offers an opportunity for a short term rental business with close proximity to downtown and the Tower District.
Nestled in Fresno's vibrant core, this brand-new, turnkey duplex at 656 E McKinley Ave is perfect for homeowners and investors alike. With 4,168 square feet of total living space, this property offers two spacious units, each featuring 4 bedrooms, 2.5 bathrooms, and 2,084 square feet, providing a combined 8 bedrooms and 5 bathrooms.This thoughtfully designed duplex boasts high-end features, including granite countertops, sleek wood-plank laminate flooring, and an open layout. Ideal for multigenerational living, each unit includes a convenient isolated downstairs bedroom and half bathroom, allowing for added privacy and comfort.Enjoy lower utility bills with owned solar panels and a low-maintenance lifestyle with artificial turf in the backyard. The location is unbeatable, just a short walk to Fresno City College, Fresno High School, and local favorites like Ampersands Ice Cream.Whether you're looking for a beautiful new home or a lucrative rental opportunity, this duplex is ready to go. Don't miss this rare chance to own a prime property in Fresno. Act now and make 656 E McKinley Ave yours!It's Time to Stop Searching & Start Living the GoodLife!Seller is offering a 2/1/1 credit to assist buyer with buying down their mortgage interest rate*2% year one and 1% years 2 & 3 (with a full price offer) and when financed through Franchesca Guerrero with Western Pioneer Financial.
This condo is located at the Tuscany Villa complex. The condo is a two story unit with all bedrooms upstairs. The kitchen has a cooktop stove, a built in microwave, and a refrigerator (as is) with a small pantry. The downstairs is all tile flooring and the living room has a ceiling fan, the stairs and bedrooms are carpet. A half bathroom is located downstairs. There is a coat closet downstairs and plenty of linen closet space upstairs. There is also a laundry room downstair near the kitchen as you exit to the garage. Upstairs there is a jack & jill bathroom that the master bedroom has it's own vanity with sink. Both bedrooms have walk-in closets. Attached 1 car garage. The unit is 1224sqft. Renters Ins. Required.
Property Type: Fourplex (units designed like townhouses)Units:2 units with 3 bedrooms, 2.5 baths2 units with 2 bedrooms, 2.5 bathsParking: Each unit includes a 1-car garageAdditional Features:Washer/dryer hookupsSmall yard for each unitCommunity poolGated community for securityFinancials:Monthly Rent Income: $6,953 (current rent)Unit 101: $1,874--3 bed/2.5 bathUnit 102: $1,570--2 bed /2.5 bathUnit 103: $1,545--2 bed /2.5 bathUnit 104: $1,964--3 bed/2.5 bathHOA Dues: $1,150/month (covers water, sewer, garbage, security, upkeep, landscaping, pool maintenance, etc.)Cash Flow: Positive cash flow from day of closing, as all units are rented.Market Comparison: Similar properties in the complex grossing around $6,352.Housing Authority Payment Limits:3-Bed Voucher Maximum: $2,2802-Bed Voucher Maximum: $1,620Sale Conditions:The sale is contingent upon the seller finding and securing approval for a replacement property. If the seller does not find a suitable property, they retain the right to cancel the sale.Viewing Information:Interior Pictures: Not available due to tenant privacy. Interior pictures posted are when units were vacant Drive-by only until open house.Open House: Date and time to be announced.Note:This property offers a great opportunity for investors looking for immediate rental income in a secure, well-maintained community. Please submit your offer subject to inspections
Charming Duplex in the Heart of the Tower District! Discover the perfect blend of style, comfort, and investment opportunity with this stunning California Bungalow! Nestled in the vibrant Tower District, this beautifully updated property features two spacious 1-bedroom, 1-bathroom units, each spanning approximately 1,005 sq. ft. Both units boast updated kitchens with sleek granite countertops, chic tile backsplashes, and contemporary cabinetry. Retreat to generously sized bedrooms that offer tranquility and relaxation. Enjoy the convenience of inside laundry, making chores a breeze! Outside, the large backyard invites you to bask in the California sun, perfect for gatherings, gardening, or simply unwinding in your personal oasis. This duplex is not just a home; it's an opportunity! Whether you choose to live in one unit and rent out the other or add it to your investment portfolio.
For sale is a heritage-designated mixed-use property (Paul A. Christenson Building), a rare chance to own a piece of Fresno's architectural history. The building is +/- 7,319 SF with five total units, featuring three commercial spaces on the ground floor and two 3-bedroom, 1-bath apartments above. There is a gated parking lot. The property showcases beautiful original architectural details: exposed brick, oak flooring, custom windows, and crown molding. The property is close to the Tower District, Downtown Fresno, Community Regional Medical Center, and Yokomi Elementary School. It's also near a bus route & Fwy 180, with easy access to all major freeways in the area. Its central location makes it ideal for businesses, young professionals, medical employees, government employees, and families. This property offers both residential and commercial income sources. The corner commercial unit is leased under an 10-year NNN lease with 4% annual rent increases and a 5-year renewal option to renew. Renovation work has paused and the property is being sold in as-is condition. The seller completed major recent upgrades such as installing fire sprinklers, electrical, plumbing, new HVAC units, & roof repairs. The new buyer will need to complete the renovations, subject to City of Fresno and Historic Preservation committee approval. The sale includes key fixtures and appliances, which the buyer will install after close of escrow.
Located squarely in the heart of the historic Lowell District, between downtown Fresno, and The Tower District. If you are a Fresnan or Clovisite, then you know that both Downtown Fresno and Tower District offer many events, dining and entertainment options. This 8 bedroom/4 bathroom quad was remodeled inside and out at the last sale,
Lucrative 6-Unit Investment Opportunity Near HWY-99! This 6-unit property is a rare find, offering 5 units featuring 2 bedrooms and 1 bathroom each, plus an additional 1-bedroom, 1-bathroom unit. With easy access to major highways and just minutes from downtown Fresno, this property is well-suited for consistent tenant demand. Additional perks include carport parking and ample shade behind the complex. Don't miss your chance to secure this prime investment opportunity!
Welcome to this amazing investment opportunity or multi generational living with a huge lot! This beautifully remodeled duplex features modern updates throughout, ensuring a fresh and comfortable atmosphere.The first unit has 2 bed 1 bath and the second unit has 1 bed 1 bathBright, open living areasUpdated kitchen with new appliancesStylish, renovated bathroomsPrivate backyard for relaxationThis home is ready for you to move in and make it your own. Schedule a tour today!
GREAT INVESTMENT opportunity! Motivated sellers, property currently appraised for $725,000. This well maintained 5-unit complex has four 1-bedroom, 1-bath units and one 2-bedroom 1-bath unit, a laundry room, and covered parking. All units are currently rented with long-term tenants. It is centrally located in a well-developed neighborhood across from Gazebo Gardens and just steps away from Christmas Tree Lane. It is minutes from the Tower District, about a 5-minute drive to Fresno City College, 15 minutes to Fresno State University, and 1.2 miles to Freeway 41.
What an great Investment property. Two houses on one lot. Each has their own address and electrical meters. Rear ADU was just completed 10/2024. Front home has been renovated with new interior/exterior painting. New kitchen cabinets, granite counters, and stainless steel sink. b Bathrooms have been renovated with new bathroom fixtures, and shower/tub enclosures. There is a separate private pedestrian entry for rear unit on the west side of the property. Rent out one unit, and live in the other, or rent out both units. Some newer fencing has been aqdded to the property for privacy for both units.
Step into contemporary luxury with this beautifully upgraded 4-bedroom, 2 and a half bathroom Lennar-built home in the gated Brambles community off Copper and Willow. Built in 2022, this spacious 2,169 SF residence offers a modern open floor plan with tile wood flooring downstairs, quartz countertops, and stainless steel appliances. All bedrooms are upstairs, maximizing privacy, and the home is equipped with an owned solar system, approximately 4.94 kW, estimated to produce 7,189 kilowatt hours annually, providing significant energy savings. Superb location within the community: The home is just steps from community amenities, including the gated pool with outdoor shower, fire pits, picnic areas, ping pong, and lounge area, offering some ideal lifestyle options for modern families. The easy to maintain, fenced backyard is perfect for pets, and the property features a 2-car garage and a tankless water heater. This home is currently a high-performing Airbnb, offering excellent cash flow potential for investors, or it's ready for a family to move in. Conveniently located near Clovis North High School, shopping, and dining, this home combines luxury, energy efficiency, and central convenience. Don't miss out on this exceptional opportunity!
This is a great investment opportunity in a nice and popular section of the city. A well maintained 8-plex with 8 individual units each having 1 bed and 1 bath. All units are occupied. The building is located in a desirable area, walking distance to the Tower district, theatres, coffee shops, Fresno City College, restaurants, Roger Rocka's Dinner. Submit offers and interior inspection is available after accepted offer. Please DO NOT disturb tenants. Drive-by ONLY.
REMARKS This is a well performing 6-Unit apartment complex that has had each unit updated including new flooring and paint, and with most showcasing granite counter tops. Fully occupied with a solid a tenant base and producing a better than reasonable income. This is an opportunity you will not wat to miss. The Sellers hate to let it go, but they are spring boarding on to another venture and are selling it for that reason. With that, the Buyer(s) will be required to participate in the sellers' IRS 1031 Tax Exchange at no costs to the Buyer(s)
Turnkey Mayfair units with many long-term tenants. Garages and coin-op laundry roomfor extra income.
Desirable Investment Opportunity in North Fresno. This 6-unit apartment complex, located in the northern end of Fresno, near HWY 41, presents a prime investment opportunity. Each unit offers a spacious 3-bedroom, 1-bathroom layout with a living room and kitchen combo, complete with centralized HVAC heating and cooling systems. All units are currently rented, with rent rolls near market rates, ensuring positive income from day one. The new roof was upgraded in 2022. The complex also features 10 parking spaces and plenty of on-street parking, which adds convenience for tenants. Additional income streams come from the on-site utility room's leased washer and dryer units. Surrounded by other rental properties and close to a nearby community park, the property is ideally situated for renters. The proximity to shopping centers adds to its appeal, making it a sought-after location. Professionally managed, this complex is well-maintained and ready to continue generating steady returns. Financials: Income and expenses are available upon request.
Rare CASH-FLOWING 7 unit apartment building in the Tower District!There are 5 studio units and 2 2 bedroom units.Excellent 7% Cap Rate 8.9 GRM! All rents are current. No delinquencies.Current income is now $6805/mo, $81,660/yr.$10,000 discount for buyer who uses a specific lender. Please call to inquire.Shared front and backyard. No HOA fees. Separate electric meters.Only 15 minutes away from Fresno State University. The location provides easy access to Hwy 99 and nearby shopping at Costco, Walmart Supercenter, Home Depot, Target.Property is occupied and so please refrain from walking the grounds or disturbing the tenants.This is an excellent opportunity for investors to capitalize on a well-established propertyin the growing city of Fresno.
Tower District - Duplex Investment Opportunity ! Discover this versatile live / work duplex, offering two well-appointed units, each with 3 bedrooms, 1 bathroom, and separately metered. The property features a spacious garage with convenient laundry hook ups and a large yard. Both units are currently occupied by a single tenant, who is month to month for $2,150/month NNN + $150 Tax & Insurance reimbursements ($2,300 total monthly). The NNN reimbursements gets readjusted annually or when a new lease is signed providing positive cash flow for the future. Proforma market rent is $1,850 per unit + NNN. Offers subject to inspection, do not disturb tenant. This is a rare chance to secure a strong investment with room for growth. Offers are subject to inspection - please respect the tenant's privacy and do not disturb.
Presenting this incredible Tri-Plex in the middle of Fresno High! This is a beautiful multi-family property on a quiet street that would make a great addition to any investors portfolio. It is located in one of the best rental markets in Fresno. The property consists of two 1bed/1bath units and one studio apartment. Each unit has its own private backyard and each 1/1 unit has indoor laundry. A detached 2 car garage on the property can be used for extra income by renting each bay to the tenants. Since one unit is vacant, this is a great opportunity to purchase the property with an owner occupied loan so you can live in one unit and rent the others. FHA ready! The current rents are low and need to be raised. Each tenant is on a month to month lease. Call your agent or the listing agent with any questions or to see the property.Unit Rents:2003 Thorne 1/1: $895106 Weldon 1/1: $1350 (Projected)108 Weldon Studio: $620
Are you looking to begin or expand your real estate portfolio? Discover this amazing investment opportunity to own a brand-new Triplex. Each unit has a spacious 1,835 square feet of living space. The living space consist of an open concept floorplan on the main level while the second level creates privacy for the 3 bedrooms and 2 bathrooms each unit has. A Triplex where all the units will have their own indoor laundry room along with a rare 2 car garage. Located in a prime location near Shaw Ave and Highway 99, it is minutes away from Costco and various restaurants. A new construction Triplex where you can create a unique opportunity to live in one unit and rent the other units to generate income for yourself. Reach out for more information!
TCAC Property: Brawley Apartments are is encumbered by LIHTCcovenants. There is the possibility of increasing the number ofresidents with Section 8 Housing Authority vouchers which are payingsubstantially more than the TCAC Rental Rate.Prime Duplex Investment: Purchase includes 9 duplex units across twoproperties3780 W Dakota (2 duplexes) and 3460 N Brawley (7duplexes)sold together as a package. Low Maintenance: Properties feature durable tile roofs and stuccosiding. Convenient Laundry Facilities: Each unit is equipped with laundryhookups in private garages, with an additional small laundry buildingon-site. Diverse Unit Sizes: 11 units are 2 beds/1 bath at 966 sqft, and 7 unitsare 3 beds/2 baths at 1176 sqft. Strong Income Potential: Projected annual gross income of $237,000. Expansion Opportunities: On-site 60x70 ponding basin offers potentialfor additional parking, trash enclosure, or solar installations.
This one of a kind duplex has two units that have been beautifully remodeled. The larger unit has two bedrooms, one bath and a sparkling pool in the back yard for those hot summer days and nights. The smaller unit is cozy and will be great as a rental or for guests. This property has been brought back to life and is ready for you to view it and make an offer.
Great opportunity for investors, or first time home buyer, live in the front unit, while generating income from the back unit. Property has a potential RV parking. The property offers separate parking, making it more convenient for both occupants. Close to freeway access, and shopping centers. Bed and bath count differs from tax records, if important, buyer to verify.
This triplex is perfectly positioned to offer both immediate rental income and long-term growth potential. Located close to the vibrant Tower district and recent upgrades such as a new modern fence, this is an excellent investment opportunity.Two of the three units are currently occupied, please do not disturb tenants.
Fresno is located in California. Fresno, California has a population of 538,678. Fresno is less family-centric than the surrounding county with 30.72% of the households containing married families with children. The county average for households married with children is 32.95%.
The median household income in Fresno, California is $57,211. The median household income for the surrounding county is $61,276 compared to the national median of $69,021. The median age of people living in Fresno is 31.7 years.
The average high temperature in July is 97.7 degrees, with an average low temperature in January of 37.9 degrees. The average rainfall is approximately 12.6 inches per year, with 0 inches of snow per year.
