$1,425,000

Multi Family In Fresno

  • 3 Beds
  • 2 Baths
  • 1,591 Sqft
  • 6,565 Sqft lot
  • Updated: September 25
  • Source:
    Fresno MLS  MLS#654927

About the Property

I am pleased to present a unique investment opportunity featuring a portfolio of 5 single-family homes with separate APN numbers for sale. Portfolio Highlights: - Property Mix: Includes one 3 bed/2 bath home, three 4 bed/2 bath homes, and one 5 bed/2 bath home. - Occupancy: A combination of 3 long-term occupied homes (tenants residing 8-15 years on month-to-month leases) and 2 recently vacant home
I am pleased to present a unique investment opportunity featuring a portfolio of 5 single-family homes with separate APN numbers for sale. Portfolio Highlights: - Property Mix: Includes one 3 bed/2 bath home, three 4 bed/2 bath homes, and one 5 bed/2 bath home. - Occupancy: A combination of 3 long-term occupied homes (tenants residing 8-15 years on month-to-month leases) and 2 recently vacant homes. - Upside Potential: Current rents are below market value and due for an increase. A fully occupied proforma yields a projected 6.70% cap rate. - Tenant Responsibilities: Residents cover PG&E, trash, sewer, water, and personal expenses. The seller also owns similar occupied investment properties and is open to further discussion. Please inquire if you are interested in expanding your portfolio. Proforma and a complete list of expenses will be provided upon acceptance of an offer. Please do not disturb the tenants, and submit all offers subject to inspection.
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  • Property type

    Other

  • Floors

    1

  • Year built

    1953

  • Price/sqft

    $895

Features

  • Garden
  • Garage
  • Investment Property
  • Parking

Explore the Area

3304 N Howard Avenue, Fresno, California, United States View on Google Maps
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Fresno Income Properties - Fresno

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Fresno Income Properties - Fresno
California, United States
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2
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2025
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Fresno Income Properties - Fresno
Fresno, California, United States
View agency profile
Last updated
September 25
First listed
September 16
Listing reference
654927
Listing status
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