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https://www.londonproperties.com/property/link/fresno/641990/609-615-Moore-St/Madera/https://www.londonproperties.com/images/props/fresno/full/641990.jpgLondon Properties Madera Real Estate | 609 615 Moore St
Well-maintained 16-unit property with a solid unit mix of 8 one-bedroom units and 8 three-bedroom units. Built in 1986, with select units remodeled in 2025. Located on a quiet, primarily residential block. The property features open garage parking, on-site laundry for added income, and is walking distance to shopping and schools. Two units are currently vacant due to remodel, giving a new owner immediate rent-up upside. A clean, turnkey investment with reliable income and built-in value-add potential. PROPERTY HIGHLIGHTS Immediate value-add upside through interior rent growth as remaining units are brought to market standard Strong in-place fundamentals with the ability to push NOI without major capital projects Desirable residential setting that supports reliable income tenancy and reduced turnover Larger unit mix positions the asset above typical
Property Type
Multi Family
Property Subtype 1
16 Units & More
Year Built
1986
Region
Urban
Stories
Two
Total Units
16
Price Per Square Foot
$209
Price Per Acre
$4,341,818
Days On Market
1
Cumulative Days On Market
1
County
Madera
REO / Bank Owned
No
Cross Street Address
S/Lake St / Moore St
Directions
S/Lake St and Moore St
Special Disclosures
See Remrks/Attchmnts
Heat / Cool
Central Heat/Cool
Roofing
Composition
Foundation
Concrete Perimeter
Disabled Features
Bathroom Fixtures
Fireplace
None
Exterior
Stucco
Gas & Electric
Public Utilities
Sewer / Water
Public Water
Additional Parking
Carport, One Space per Unit
APN
011 062 009 000
School District
Madera Unified
School Type 1
High School
School Name 1
Madera South
School Type 2
Junior High School
School Name 2
Martin Luther King
School Type 3
Grade School
School Name 3
Virginia Lee Rose
Seller Will Consider
Conventional, Cash
Tenant Pays
Electricity, Water, Cable TV
Income Includes
Unit Rent, Laundry, Lease
Expenses Include
Management, Maintenance/Repair
Sources of Inc / Exp
Property Manager
Net Income
224952.80
71109
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Courtesy of Beau Miracle, Miracle Realty - [email protected] Last modified 1 day ago Fresno MLS last checked for updates 54 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.
