2452 S 9thFresno, CA 93725
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.




Six Unit Multifamily Investment Opportunity. Stabilized Income, Upgrades, and Strong Upside. Introducing a well maintained turnkey six unit multifamily property featuring recent capital improvements and strong in place rents. The property has benefited from ongoing ownership care including a brand new roof, new exterior and interior paint, new fencing, and a new water heater in the shared laundry room. All units are equipped with AC units less than one year old, enhancing tenant comfort and reducing future maintenance exposure. Total annual rent is 96,576. Unit Mix and Interior Condition: A: 1280. 1 Bed 1 Bath. Only one bedroom unit on site. Upgraded bathroom and flooring. New stove and fresh interior paint. B: 1200. 2 Bed 1 Bath. New flooring and upgraded bathroom. Fully remodeled kitchen with new cabinets, granite counters, and new stove. C: 1418. 2 Bed 1 Bath. New flooring and upgraded bathroom. New four door refrigerator. D: 1400. 2 Bed 1 Bath. New flooring and upgraded bathroom. New granite counters. E: 1250. 2 Bed 1 Bath. New flooring and upgraded bathroom. New stove. F: 1500. 2 Bed 1 Bath. Fully renovated unit. New kitchen, new bath, new flooring. New refrigerator, stove, and water heater. Investment Highlights: Stabilized tenancy with a mix of long term leases and month to month flexibility. Recent capital improvements reduce near term CapEx exposure. Attractive two bedroom units with high rental demand. Demonstrated rent growth across upgraded units. Clear value add path through continued interior modernization. Low operating expenses and efficient property layout. This asset is ideal for investors seeking a clean income producing property with both stability and upside potential. 3940 E Burns Avenue Fresno CA 93725. Eight unit property next door also available for 1,175,000.
| 12 hours ago | Listing first seen on site | |
| 12 hours ago | Listing updated with changes from the MLS® |
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.


Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.