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$1,175,000
New Listing

3940 E Burns
Fresno, CA 93725

For Sale|Multi Family|Active
0
Beds
0
Total Baths
5,400
SqFt
$218
/SqFt
1963
Built
County:
Fresno
Listed by Gautam Atri of Universal Realty Services, Inc Contact@GautHome.com

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714-263-1660
3940 E Burns3940 E Burns3940 E Burns3940 E Burns
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Eight Unit Multifamily Investment Opportunity. Stabilized Income. Modern Upgrades. Strong Rental Demand. Brand New Roof. 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: $1,050. Fresh interior paint. 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. 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: $9,381 Total Annual Income: $112,572 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: 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. Attractive pairing opportunity with the adjacent 6 unit property, enabling a 14 unit portfolio on one block. 2452 S 9th St. Fresno CA 93725 for Sale at $825,000. This 8 unit asset is ideal for investors seeking a stabilized, income producing property with a balanced mix of renovated units and value add potential.

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Listing Snapshot
Price 
$1,175,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,400 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2929 Acres
Year Built 
1963
MLS® Number 
FR26078832
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
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What's This?
Private
Recent Activity
13 hours agoListing first seen on site
13 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.2929
Additional Property Use 
Multi-Family
Carport 
8
Land Lease 
No
Number Of Stories 
2
Parking Spaces 
14
Property Sub Type 
Multi Family
Special Circumstances 
Standard
SqFt Total 
5400
Utilities 
Electricity ConnectedSewer Connected
Water Source 
Public
Zoning 
R3
Interior Features
Laundry Features 
Common Area
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Exterior Features
Lot Features 
Near Public TransitRectangular Lot
Community Features
MLS Area 
FSNO - Fresno


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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