Fresno (FSNO) Homes with Multi Family Subtype

Fresno (FSNO) Homes with Multi Family Subtype

Welcome to Fresno, California – a vibrant city nestled in the heart of the Central Valley, known for its rich agricultural heritage, diverse culture, and a thriving community atmosphere. Fresno boasts a unique blend of urban conveniences and natural beauty, making it an ideal place for families, professionals, and investors alike.

Fresno's real estate market is particularly appealing for those interested in multi-family homes. With a growing population and a steady influx of new residents, the demand for multi-family housing options is on the rise. These properties are perfect for investors looking to generate rental income or for families seeking a home with the opportunity for multi-generational living.

Multi-family homes in Fresno come in various styles and sizes, from charming duplexes to larger apartment complexes, offering flexibility for different lifestyles and investment strategies. The city's strategic location provides easy access to major highways, making commuting to nearby cities like Clovis, Madera, and even the bustling metropolis of Los Angeles a breeze.

Fresno is also home to an array of amenities, including parks, shopping centers, and top-rated schools, enhancing the quality of life for residents. Enjoy outdoor activities at Woodward Park or savor the local flavors at the vibrant downtown restaurants. With a warm climate and a community-oriented atmosphere, Fresno is not just a place to live; it’s a place to thrive.

Whether you’re looking to invest in multi-family properties or find your dream home, Fresno offers a wealth of opportunities that cater to every need. Come discover the charm and potential of 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.