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$ 950,000
Est. payment /mo
Price Dropped by $29K
2004 E White AVE Fresno, CA 93701
15 Beds
5 Baths
4,500 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $211
MLS Listing ID 626204
Bedrooms 15
Full Baths 5
HOA Y/N No
Year Built 1970
Lot Size 7,248 Sqft
Property Sub-Type Multi Family
Property Description
Turnkey 5-Unit Investment Opportunity in Booming Fresno Rental Market!💰 Cash Flow from Day One!This is your chance to own a fully remodeled fiveplex in the heart of Fresno, where the rental income is likely to cover your mortgage and expenses immediately. A rare find in today's market!🏡 Property Overview:Five spacious units each 3 Bed / 1 BathCurrent Rents:Unit 101 - $1,800Unit 102 - $1,900Unit 103 - $1,900Unit 201 - $1,849Unit 202 - $1,800Total Gross Income: ~$110,988/yearTenant Mix: 3 units on Section 8, 2 on market-rate leases📈 Upside Potential:Section 8 rent cap for 3-bed units recently increased to $2,200/month room to grow income without vacancy riskAnnual rent increases allowed by Fresno Housing Authority ensure continued income growth🔧 Fully Renovated & Low Maintenance:All units remodeled in the past yearModern finishes, quality updates, and well-maintained groundsFully occupied and cash-flowing no delays, just instant ROI📍 Prime Central Location:Easy access to Highway 41Close to major employers, shopping, dining, and schoolsHigh tenant demand and low turnover area✅ Invest with ConfidenceThis high-performing multifamily asset checks all the boxes: location, condition, income, and upside potential.📞 Call today to schedule a private tour properties like this don't stay on the market for long!
Location
State CA
County Fresno
Interior
Heating Floor or Wall Heat
Cooling Wall/Window Unit(s)
Fireplaces Type None
Exterior
Parking Features Carport
Utilities Available Public Utilities
Roof Type Composition
Building
Lot Description Urban
Story 2
Foundation Concrete Perimeter
Sewer On, Public Sewer
Water Public
Schools
High Schools Fresno Unified
Listed by Realty Concepts, Ltd. - Clovis
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