$1,425,000

Multi Family In Fresno

  • 3 Beds
  • 2 Baths
  • 1,591 Sqft
  • 6,565 Sqft lot
  • Updated: September 17
  • Source:
    Fresno MLS  MLS#654927

About the Property

Rear opportunity to acquire income producing portfolio of 5 homes. Desirable floor plans of 1 x3 bed, 3 x 4 bed and 1 x 5 bedroom homes with 2 vacant and 3 long term tenant occupied. Homes are priced at $285,000 each. Fully occupied proforma delivers return of 6.7 % cap rate for savvy investor. Calculations include property taxes and home insurance as owner expenses while tenants are responsible f
Rear opportunity to acquire income producing portfolio of 5 homes. Desirable floor plans of 1 x3 bed, 3 x 4 bed and 1 x 5 bedroom homes with 2 vacant and 3 long term tenant occupied. Homes are priced at $285,000 each. Fully occupied proforma delivers return of 6.7 % cap rate for savvy investor. Calculations include property taxes and home insurance as owner expenses while tenants are responsible for PG&E, utilities and yard care. The seller has several other properties that we can package in sets of 5, 10 or any other combination. Please submit offer subject to walk through inspection. Do not desturb tenants.
  • Property type

    Other

  • Floors

    1

  • Year built

    1953

  • Price/sqft

    $895

Features

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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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2025
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Fresno Income Properties - Fresno
Fresno, California, United States
View agency profile
Last updated
September 17
First listed
Sep 16
Listing reference
654927
Listing status
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