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Travis Breton

travisbreton@gmail.com +1(760) 470-2752

Listed by SUMANJEET SINGH, DRE #02107827 • Homesmart PV & Associates

$ 860,000

Est. payment | -/mo

6,250 Sqft Lot

Save

$ 860,000

Est. payment | -/mo

Save

6,250 Sqft Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRFR26198688

Year Built 1970

Lot Size 6,250 Sqft

Source California Regional MLS

Property Description

Exceptional opportunity to acquire a well-maintained 5-unit multifamily property in a desirable Fresno location. Each unit offers a spacious 3-bedroom, 1-bath layout with approximately 900 square feet, totaling 4,500 square feet of rentable spaceideal for attracting long-term tenants. The property has been recently remodeled and painted within the past three years, providing a low-maintenance, turnkey investment. All units are Section 8 friendly and currently leased through the Housing Authority, offering reliable, consistent rental income and reduced vacancy risk. Current gross rents total $8,648/month, with upside potential to $9,375/month based on existing rent caps. Annual gross income exceeds $103,000 with the potential to reach over $112,000and even higher as voucher limits continue to rise. Operating expenses are efficient, resulting in a strong Net Operating Income of approximately $72,996, with potential to increase to $81,720. Investors will benefit from immediate positive cash flow, with current monthly returns around $2,583 and projected upside to over $3,300/month. All five A rents are due to be increased in next 7 dash 8 months/ assuming rents will be increased by 7% The new rents will be$9061 Ideally located near Highway 180, shopping centers, schools,

Location

State CA

County Fresno

Interior

Cooling Window / Wall Unit

Laundry Laundry Area

Exterior

Garage Spaces 5.0

Pool None

Building

Water District - Public

Others

Tax ID 45230313

Special Listing Condition Not Applicable

Nearby Locations

"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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2025 E White Fresno, CA 93701