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$1,274,000

Est. payment - /mo

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18 Beds

6 Baths

5,038 SqFt

Price Dropped by $25K

1911 E Saginaw WAY Fresno, CA 93726

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,038 sqft

Price per Sqft $252

MLS Listing ID 617815

Bedrooms 18

Full Baths 6

HOA Y/N No

Year Built 1988

Lot Size 9,517 Sqft

Property Sub-Type Multi Family

Property Description

Desirable Investment Opportunity in North Fresno. This 6-unit apartment complex, located in the northern end of Fresno, near HWY 41, presents a prime investment opportunity. Each unit offers a spacious 3-bedroom, 1-bathroom layout with a living room and kitchen combo, complete with centralized HVAC heating and cooling systems. All units are currently rented, with rent rolls near market rates, ensuring positive income from day one. The new roof was upgraded in 2022. The complex also features 10 parking spaces and plenty of on-street parking, which adds convenience for tenants. Additional income streams come from the on-site utility room's leased washer and dryer units. Surrounded by other rental properties and close to a nearby community park, the property is ideally situated for renters. The proximity to shopping centers adds to its appeal, making it a sought-after location. Professionally managed, this complex is well-maintained and ready to continue generating steady returns. Financials: Income and expenses are available upon request.

Location

State CA

County Fresno

Interior

Cooling Central Heat/Cool

Fireplaces Type None

Appliance Refrigerator: All Units, Dishwasher: None, Disposal: All units, Stove: All units, Washer/Dryer(s) Leased

Exterior

Parking Features Carport, Covered, Open, One Space per Unit, More than One Space

Garage Spaces 10.0

Fence Fenced

Community Features Utility Room

Utilities Available Public Utilities, Natural Gas Not Available

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 eXp Realty of California, Inc.

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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