Courtesy of Puneet Bhargava, HomeSmart PV and Associates - [email protected]
Central Fresno 5-Plex Investment OpportunityExcellent 5-unit multifamily property located in Central Fresno featuring five 1-bedroom, 1-bath units. This well-maintained income property offers strong cash flow with all units currently rented. Four of the five units are occupied by Section 8 tenants, providing reliable rental income.Rental IncomeUnit A: $1,116/monthUnit B: $1,232/monthUnit C: $1,157/monthUnit D: $1,182/monthUnit E: $1,315/monthTotal Gross Monthly Rent: $6,052Total Annual Gross Rent: $72,624Property HighlightsFive 1-bedroom, 1-bath units100% occupiedStrong cash flow investment opportunityFive covered carportsConvenient Central Fresno locationClose to grocery stores, gas stations, shopping, and freeway accessThis property is an excellent opportunity for investors seeking rental income and long-term growth potential in a desirable rental market.
Property Type
Multi Family
Property Subtype 1
5 to 15 Units
Year Built
1963
Region
Urban
Stories
One
Total Units
5
Price Per Square Foot
$291
Price Per Acre
$3,601,576
Days On London
23
Cumulative Days On London
23
County
Fresno
REO / Bank Owned
No
Cross Street Address
Cedar /Olive
Directions
From Cedar and Olive go East on Olive complex is on your right
Heat / Cool
Evaporative, Floor or Wall Heat, Window or Wall A/C
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Last modified 2 weeks ago Fresno MLS last checked for updates 12 minutes ago
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