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1911 E Saginaw Way

Fresno, CA 93726

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$1,199,000

18 bd
  |  
6 ba
  |  
5,038 sq ft
  |  
0.22 acre

1911 E Saginaw Way

Fresno, CA 93726

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Listed On: 09/02/2024
Status: Active
Listing Number: 617815 (Fresno MLS)

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Presented By:

London Properties, Ltd.
London Properties, Ltd. 559.436.4071 Email Agent
Property Description
Desirable investment opportunity in North Fresno. This 6-unit apartment complex, located near HWY 41, features spacious 3-bedroom, 1-bathroom units, each offering a comfortable living room and kitchen layout with centralized HVAC for heating and cooling. Five units are currently occupied, and one unit is actively listed for rent, providing immediate upside for an incoming investor. Recent improvements include a newer composition roof installed in 2022, updated interior flooring in select units, and a fresh exterior paint finish. The property offers 10 on-site parking spaces, additional street parking, and a shared utility room generating supplemental income through leased washer and dryer units. The complex is professionally managed and situated among similar rental properties, just minutes from a community park, shopping centers, and public transitmaking it a consistently desirable location for tenants. With strong rental demand, this property is well-positioned for continued performance. Financials, including rent roll and proforma income summary, are available upon request.
Property Type
Multi Family
Property Subtype 1
5 to 15 Units
Year Built
1988
Region
Urban
Stories
Two
Total Buildings
1
Total Units
6
Price Per Square Foot
$238
Price Per Acre
$5,487,414
Days On Market
459
Cumulative Days On Market
459
County
Fresno
Documents Available
Leases, Profit & Loss, Cash Flow Analysis
Facilities
Utility Room
Leased Equipment
Washer/Dryer (s)
REO / Bank Owned
No
Cross Street Address
N. Blackstone Avenue
Directions
Google/ Apple Maps
Heat / Cool
Central Heat/Cool
Roofing
Composition
Foundation
Concrete Perimeter
Fireplace
None
Exterior
Stucco, Wood
Yard
Fenced
Refrigerator
All Units
Stove
All units
Dishwasher
None
Disposal
All units
Gas & Electric
Public Utilities, No Gas
Sewer / Water
Public Water, Public Sewer
Garage Spaces
10
Additional Parking
Carport, Covered, Uncovered, One Space per Unit, More than One Space
APN
436 183 13 [PARCEL MAP]
School District
Fresno Unified
School Type 1
High School
School Name 1
Hoover
School Type 2
Junior High School
School Name 2
Tioga
School Type 3
Grade School
School Name 3
Pyle
Sale / Options
Total Parcel Only
Seller Will Consider
Conventional, Cash
Tenant Pays
Electricity
Income Includes
Lease
Annual Income
121659.00
Annual Expense
28080.00
Expenses Include
Management, Insurance, Electric, Water, Taxes
1st Loan Type
Free & Clear
Sources of Inc / Exp
Owner, Property Manager
Net Income
93579.00

Courtesy of Eduardo Guajardo, eXp Realty of California, Inc. - [email protected]
Last modified 1 week ago
Fresno MLS last checked for updates 12 minutes ago

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 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 consumer may be interested in purchasing. Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.

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