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  • Key Facts
  • Description
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Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
HOA Fees $287
Taxes $25,283
Days Active 10
Approx. Age 1965
MLS® Number TR25219938

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Prime 16-unit multifamily investment with significant value-add potential in the heart of Fresno. The property features 16 two-bedroom, one-bath apartments, each approximately 765 sq. Ft. 11 of 16 units have been remodeled, providing modernized interiors and reduced capital needs for new ownership. Every unit includes designated parking and on-site coin-operated laundry facilities generate additional income while offering convenience for tenants. With vacancies ready to be leased at prevailing market rates, investors have the opportunity to immediately increase cash flow and stabilize the property for stronger returns. Strategically located near Fresno State University, Fresno Community College, California Health Sciences University, and Community Regional Medical Center, the property benefits from a diverse and steady tenant base of students, professionals, and families. Major employers such as Amazon, Fresno Unified School District, the IRS, and multiple city, state, and county offices further support strong rental demand and minimize vacancy risk. With its prime location, desirable unit mix and clear path for income growth, this offering presents investors with both near-term cash flow upside and long-term appreciation in the growing Fresno market.Show Description
MLS® NumberTR25219938
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelCommon Area
Exposure
Exterior
GarageNo
Approx. Age1965
Stories2
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatWall Furnace
A/CWall Window Units
Heating Fuel

Extras

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