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$ 4,495,000
Est. payment | /mo
36 Beds
34 Baths
15,700 SqFt
$ 4,495,000
Est. payment | /mo
36 Beds
34 Baths
15,700 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 15,700 sqft
Price per Sqft $286
MLS Listing ID 640151
Bedrooms 36
Full Baths 34
HOA Y/N No
Year Built 1978
Lot Size 1.500 Acres
Property Sub-Type Multi Family
Property Description
Unit Mix: 18 units2x 1-bed/1-bath (750 SF), 13x 2-bed/2-bath (850 SF), 2x 3-bed/2-bath (1,100 SF), and 1x 2-bed/2-bath office (950 SF); average unit size ~872 SF.Renovation Upside: Value-add potential via continued interior upgrades and rent alignment with comps.In-Place Performance with Growth Potential: Current average rent $1,564 ($1.79/SF) vs. market average $1,626 ($1.86/SF).Central Fresno Location: Positioned in the McLane submarket, near Fashion Fair, Fig Garden Village, River Park, and major employers including Fresno State and Fresno City College.Fresno showing steady employment growth and projected rent increases.Efficient Footprint: Single-story design simplifies operations and maintenance, ideal for efficient management of a smaller asset.
Location
State CA
County Fresno
Interior
Cooling Central Heat/Cool
Fireplaces Type None
Exterior
Parking Features Carport
Utilities Available Public Utilities
Roof Type Wood,Composition
Building
Lot Description Urban, Cul-De-Sac, Sprinkler - Auto
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Schools
High Schools Fresno Unified
Listed by Brendan Kane Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "