Fully rented 6-unit multifamily investment opportunity in Delano6 units on one parcel including: (1) Single Family Residence 3BD/1BA, (1) 2BD/2BA, (2) 2BD/1BA, and (2) 1BD/1BA. Corner-lot location approx. two blocks from Garces Hwy with quick access to Hwy 99. Each unit has mini-split heating/air conditioning. Stabilized cash-flowing asset with upside; current rents are below market. Current gross rents $4,650/month. Buyer to verify all information, including unit count/mix, square footage, permits, and rental income/expenses.
Property Type
Multi Family
Property Subtype 1
5 to 15 Units
Year Built
1930
Region
Suburban
Stories
One
Total Buildings
3
Total Units
6
Price Per Square Foot
$114
Days On London
1
Cumulative Days On London
1
County
Kern
REO / Bank Owned
No
Cross Street Address
Fremont Street
Directions
Directions to Property From Fremont St turn east on 7th Avenue, property is on SW corner of 7th and Fremont.
Special Disclosures
Call Agent
Heat / Cool
Window or Wall A/C
Roofing
Composition, Other
Foundation
Concrete Perimeter
Fireplace
None
Exterior
Stucco, Wood, Other
Gas & Electric
Public Utilities
Sewer / Water
Public Water
Are there garage spaces?
No
Additional Parking
Uncovered, More than One Space
Site Amenities
Corner
APN
038 090 18
School District
Delano Schools
School Type 1
High School
School Name 1
Cesar Chavez
School Type 2
Grade School
School Name 2
Morningside
School Type 3
Junior High School
School Name 3
La Vina
Seller Will Consider
Owner Carry
Tenant Pays
Electricity, Gas, Water, Cable TV
Income Includes
Unit Rent
Annual Income
55800.00
Annual Expense
4814.00
Expenses Include
Insurance, Taxes
Sources of Inc / Exp
Tax Return
Net Income
50986.00
71109
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Courtesy of Gregory Collins, LPT Realty, Inc - [email protected] Last modified 3 hours ago Fresno MLS last checked for updates 24 minutes ago
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