Fresno (FSNO) Homes with Multi Family Subtype

Welcome to Fresno, California, a vibrant city nestled in the heart of the San Joaquin Valley. Known for its rich agricultural roots and diverse culture, Fresno offers an inviting blend of urban amenities and natural beauty. With its warm climate and abundant sunshine, residents enjoy a variety of outdoor activities, from exploring the stunning landscapes of nearby national parks like Yosemite and Sequoia to relaxing in the city's many parks and recreational areas.

Fresno's real estate market is flourishing, particularly in the multi-family housing sector. Homes with a multi-family subtype provide an excellent investment opportunity for those looking to generate rental income or accommodate extended family. These properties are often strategically located in desirable neighborhoods, offering easy access to schools, shopping centers, and public transportation. Whether you're a seasoned investor or a first-time buyer, multi-family homes in Fresno present a unique chance to tap into the city's growing demand for rental housing.

The multi-family homes in Fresno come in various styles and sizes, catering to a wide range of preferences and budgets. From charming duplexes to spacious triplexes, these properties not only offer potential financial benefits but also foster a sense of community among residents. With a strong rental market and a steady influx of new residents, investing in multi-family housing in Fresno is a savvy decision that promises both immediate and long-term rewards.

Explore the opportunities that Fresno has to offer, and discover how multi-family living can enhance your lifestyle while providing a solid foundation for your financial future. Your dream investment awaits in this dynamic city!

Newest Fresno (FSNO) Homes with Multi Family Subtype

$1,175,000

FR26078832 MLS ⋅ Active Status

Eight Unit Multifamily Investment Opportunity. Great Income, Modern Upgrades, Strong Rental Demand, Brand New Roof, Brand New Paint, newer AC units. This 8 unit multifamily asset offers a full 2 Bedroom, 1 Bath configuration, a consistently high demand layout in the Fresno rental market. Every residence has received new interior paint within the last year, creating a clean and uniform presentation across the property. The building reflects ongoing ownership care, with a mix of upgraded interiors, modernized kitchens and baths, and strong in place rents. This is a stabilized, income producing asset with clear upside through continued modernization of legacy units. Unit Mix and Interior Condition: Unit 1: $1,400. Fresh interior paint, new floors. Unit 2: $1,050. New flooring. Clean interior profile. Unit 3: $1,200. New flooring. Fully remodeled kitchen with granite and new cabinets. New bathroom. Unit 4: $1,175. New bathroom. New flooring. New stove. Unit 5: $1,250. Full renovation completed one year ago. Modern kitchen, bath, flooring, and finishes. Unit 6: $1,541. New windows. New paint. New stove. (Hosing Voucher) Second Building (Units 7 and 8): Unit 7: $1,090. Unit 8: $1,025. New bathroom. New kitchen with cabinets, granite, and stove. New flooring and new paint. Financial Summary: Total Monthly Income: $9,731.00 Total Annual Income: $116,772 Operating Expenses (Annual): Insurance: $4,700 Water and Sewer: $3,000 Trash: $2,800 Electric and Gas (Common): $900 Garden Care: $600 Pest Control: $600 Investment Highlights: Brand new Roof. Brand new outdoor paint. All units are 2 bed and 1 bath, the strongest rental configuration in this submarket. Uniform interior paint across all eight units within the last year. Multiple upgraded interiors with new kitchens, granite counters, cabinets, flooring, and bathrooms. Stabilized rent roll with strong in place income. Clear value add runway through modernization of legacy units. This 8 unit asset is ideal for investors seeking an income producing property with a balanced mix of renovated units and value add potential. There is room for improvements in the rents.

3940 E Burns, Fresno

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.