7,379 Sqft Lot
7,379 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID FR26143670
HOA Y/N No
Year Built 1970
Lot Size 7,379 Sqft
Property Sub-Type Quadruplex
Property Description
This fully upgraded FHA/VA eligible four plex offers exceptional income performance in one of Fresno's most convenient lifestyle corridors. Located just north of Dakota and west of Palm, the property sits moments from Fig Garden Village, giving residents effortless access to premier shopping, dining, Whole Foods, and everyday conveniences along Palm & Shaw.
Each of the four townhome style units features 3 bedrooms, 1.5 bathrooms, and approximately 960 sq ft, with meaningful upgrades completed. The property presents a clean, modern, and highly functional living environment that aligns perfectly with the area's strong rental demand.
Current Rents:
Unit 101 - $2,000 (VA)
Unit 102 - $2,317 (Section 8)
Unit 201 - $1,800
Unit 202 - $1,850
Total Monthly Income: $7,967.00
Tenant Paid Utilities: Electricity, Water, Sewer.
Owner Expenses: Insurance ($3,319/yr), Landscape ($840/yr), Trash ($1,500/yr), Pest ($600/yr), Property Tax (approx. 1.25% of purchase price).
With no owner paid utilities, this property operates with an efficient expense structure and strong income. The upgrades enhance durability, functionality, and long term appeal for renters.
The location offers quick access to Fresno City College, major transportation routes, shopping, and employment centers. Individual Carport parking adds convenience for residents.
This is a rare opportunity to acquire a high income four plex with updated interiors, excellent rent levels, and minimal operating burden. Showings are subject to tenant cooperation; offers may be submitted subject to inspection.
Location
State CA
County Fresno
Interior
Heating Central
Cooling Central Air, Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Laundry Inside, In Kitchen
Exterior
Parking Features Assigned, Asphalt, Detached Carport
Carport Spaces 4
Pool None
Community Features Urban
Roof Type Composition
Total Parking Spaces 7
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 43422301
Acceptable Financing Cash, Conventional, FHA, Government Loan, VA Loan
Listing Terms Cash, Conventional, FHA, Government Loan, VA Loan
Special Listing Condition Standard
Nearby Locations
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