Property Description
Six‑Unit Multifamily Investment Opportunity. Stabilized Income, Upgrades, and Strong Upside.Introducing a well‑maintained turnkey, six‑unit multifamily property featuring recent capital improvements, and strong in‑place rents. The property has benefited from ongoing ownership care, including brand new Roof, new exterior & interior paint, new fencing, and a new water heater in the shared laundry room. All units are equipped with A/C units less than one year old, enhancing tenant comfort and reducing future maintenance exposure. Total Annual Rent - $96,576.00.
Unit Mix & Interior Condition
A: $1,280 | 1 Bed / 1 Bath
Only 1-bedroom unit on site,
Upgraded bathroom and flooring,
New stove and fresh interior paint.
B: $1,200 | 2 Bed / 1 Bath
New flooring and upgraded bathroom,
Fully remodeled kitchen with new cabinets, granite counters, and new stove.
C: $1,418 | 2 Bed / 1 Bath
New flooring and upgraded bathroom,
New 4‑door refrigerator.
D: $1,400 | 2 Bed / 1 Bath
New flooring and upgraded bathroom,
New granite counters.
E: $1,250 | 2 Bed / 1 Bath
New flooring and upgraded bathroom,
New stove.
F: $1,500 | 2 Bed / 1 Bath
Fully renovated unit,
New kitchen, new bath, new flooring,
New refrigerator, stove, and water heater.
Investment Highlights:
Stabilized tenancy with a mix of long‑term leases and MTM flexibility.
Recent capital improvements reduce near‑term CapEx exposure.
Attractive 2‑bedroom units, high demand in rental markets.
Demonstrated rent growth across upgraded units.
Clear value‑add path through continued interior modernization.
Low operating expenses and efficient property layout.
This asset is ideal for investors seeking a clean, income‑producing property with both stability and upside potential. With multiple units already upgraded and strong rental performance across the board, the next owner can step into a well‑positioned building with room to push rents further through strategic improvements.3940 E Burns Avenue Fresno CA 93725 - 8 Units, also for Sale next door $1,175,000.00