446 N Maple AVE, Fresno, CA 93702
446 N Maple AVE, Fresno, CA 93702
446 N Maple AVE, Fresno, CA 93702
446 N Maple AVE, Fresno, CA 93702
446 N Maple AVE, Fresno, CA 93702
446 N Maple AVE, Fresno, CA 93702
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$ 799,900
Est. payment | /mo

12 Beds

6 Baths

4,680 SqFt


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$ 799,900
Est. payment | /mo
Save

12 Beds

6 Baths

4,680 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 4,680 sqft

Price per Sqft $170

MLS Listing ID 649048

Bedrooms 12

Full Baths 6

HOA Y/N No

Year Built 1971

Lot Size 6,250 Sqft

Property Sub-Type Multi Family

Property Description

Rare opportunity to acquire a six-unit multifamily property in Fresno with a 6.77% cap rate based on scheduled rents and proforma operating expenses. Five of six units are currently leased, with the sixth being turned and expected to be re-leased in the coming weeks. Scheduled gross rent is $7,150 per month, or $85,800 annualized. One unit is leased to a tenant whose rent is paid in full through a Veterans Affairs housing program, providing a reliable, government-backed payment source on that unit. In-place rents range from $1,095 to $1,300 per unit, leaving room for measured organic growth, and the unit currently in turn allows the incoming owner to set market rent immediately upon delivery. 446 N. Maple is an ideal acquisition for 1031 exchange buyers, private investors seeking turnkey cash flow, or operators looking for a value-add platform with built-in month-to-month rent upside. Financials, rent roll, and additional due diligence materials available upon request.

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 Wood,Composition

Building

Lot Description Urban

Story 2

Foundation Concrete Perimeter

Water Public

Schools

High Schools Fresno Unified

Fresno MLS
Listed by The JKRE Investment Group

Nearby Locations

Travis Breton

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA 92008, USA

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446 N Maple AVE

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