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Address Not Available By Request

Fresno, CA 93725
  • $549,000
  • STATUS: Active
  • ON SITE: 50 Days
  • ID#: ML81896704
UPDATED: 42 min ago
$549,000
  • 0
    BEDS
  • 0.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,340
    SQFT
  • $235
    $/SQFT
Type:
Multi-Family
Built:
1958
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing Agent(s): Judy Ramos of Coldwell Banker Realty ((408) 723-3300)


Description

Great opportunity to own 5 individual rental properties! These freshly painted, individual houses are located on a 15,000 sqft corner lot, minutes away from FWY 99. Each property is approximately 468sqft, each with 1 bedroom & 1 bath. Potential rent income from Section 8 is $1085 per house, totaling $5425 per month, $65,100 per year. Current rents are below market rate. Also near Malaga Community Park & Recreation Center which has pool, soccer field and play ground. Currently all units are occupied. Make a contingency offer subject to inspection.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-07T11:28:28.35. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Nest Real Estate. Licensed in the State of California, USA.
www.amayarealestategroup.com/homes/130000931
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Address Not Available By Request Fresno, CA 93725

  • Price: $549,000
  • Status: Active
  • On Site: 50 Days
  • Updated: 42 min ago
  • ID#: ML81896704
0
Beds
0
Baths
0
½ Baths
0.34
Acres
2,340
SQFT
$235
$/SQFT
1958
Built
County:
Fresno
Elementary School:
Other
Middle School:
Other
High School:
Other
School District:
Fowler Unified
Property Description
Great opportunity to own 5 individual rental properties! These freshly painted, individual houses are located on a 15,000 sqft corner lot, minutes away from FWY 99. Each property is approximately 468sqft, each with 1 bedroom & 1 bath. Potential rent income from Section 8 is $1085 per house, totaling $5425 per month, $65,100 per year. Current rents are below market rate. Also near Malaga Community Park & Recreation Center which has pool, soccer field and play ground. Currently all units are occupied. Make a contingency offer subject to inspection.
Exterior Features

Carport Spaces 0 Parking Features Uncovered Parking Total 0 Roof Composition

Interior Features

Accessibility Features None Cooling Wall/Window Unit(S) Cooling YN Yes Flooring CarpetTile Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Cap Rate 11.86 Garage YN No Gross Scheduled Income 65100 Insurance Expense 0 Listing Agreement Exclusive Right To Sell Listing Service Full Service Maintenance Expense 0 Other Expense 0 Property Sub Type Mixed Use Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 0 Trash Expense 0 Water Source Public Zoning R3



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-07T11:28:28.35. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Nest Real Estate. Licensed in the State of California, USA.
 
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Nest Real Estate
21804 Cactus Ave ste 101
Riverside CA, 92518
Listing Agent(s): Judy Ramos of Coldwell Banker Realty ((408) 723-3300)