1911 E Saginaw Way Active Save Request In-Person Tour Request Virtual Tour
Fresno,CA 93726
Key Details
Property Type Multi-Family
Sub Type 5 to 15 Units
Listing Status Active
Purchase Type For Sale
Square Footage 5,038 sqft
Price per Sqft $228
MLS Listing ID 617815
Bedrooms 18
Year Built 1988
Lot Size 9,517 Sqft
Property Description
Desirable Investment Opportunity in North Fresno. This 6-unit apartment complex, located in the northern end of Fresno, near HWY 41, presents a prime investment opportunity. Each unit offers a spacious 3-bedroom, 1-bathroom layout with a living room and kitchen combo, complete with centralized HVAC heating and cooling systems. All units are currently rented, with rent rolls near market rates, ensuring positive income from day one. The new roof was upgraded in 2022. The complex also features 10 parking spaces and plenty of on-street parking, which adds convenience for tenants. Additional income streams come from the on-site utility room's leased washer and dryer units. Surrounded by other rental properties and close to a nearby community park, the property is ideally situated for renters. The proximity to shopping centers adds to its appeal, making it a sought-after location. Professionally managed, this complex is well-maintained and ready to continue generating steady returns. Financials: Income and expenses are available upon request.
Location
State CA
County Fresno
Area 726
Interior
Heating Central Heat/Cool
Cooling Central Heat/Cool
Flooring Concrete Perimeter
Fireplaces Type None
Exterior
Exterior Feature Stucco,Wood
Garage Carport,Covered,Uncovered,One Space per Unit,More than One Space
Garage Spaces 10.0
Utilities Available Washer/Dryer (s)
Roof Type Composition
Building
Story Two
Sewer Public Water,Public Sewer
Water Public Water,Public Sewer
Schools
Elementary Schools Pyle
Middle Schools Tioga
High Schools Hoover
School District Fresno Unified
Others
Acceptable Financing Conventional,Cash
Listing Terms Conventional,Cash