Fresno (FSNO) Homes with Multi Family Subtype

Welcome to Fresno, California – a vibrant city nestled in the heart of the San Joaquin Valley. Known for its rich agricultural roots and diverse culture, Fresno offers a unique blend of urban conveniences and rural charm. As the fifth-largest city in California, it boasts a thriving economy, a plethora of parks, and a strong sense of community, making it an ideal location for families and individuals alike.

One of the most appealing aspects of Fresno’s real estate market is its variety of housing options, particularly in the multi-family home sector. Multi-family properties are an excellent investment opportunity for those looking to generate rental income or for families seeking spacious living arrangements. These homes typically feature multiple units, allowing for a versatile living experience. Whether you’re an investor looking to expand your portfolio or a buyer in search of a home with potential for additional income, Fresno’s multi-family residences cater to a wide range of needs.

Imagine living in a beautifully maintained duplex or triplex, where you can enjoy the benefits of homeownership while also having the option to rent out additional units. With Fresno’s affordable housing market and growing demand for rental properties, investing in multi-family homes can provide a steady return on investment. Plus, with the city’s proximity to major highways and amenities, residents can enjoy easy access to shopping, dining, and entertainment.

Explore the opportunities that Fresno has to offer, and discover how multi-family homes can be the perfect fit for your lifestyle or investment goals. Your dream property awaits in this dynamic and welcoming community!

Newest Fresno (FSNO) Homes with Multi Family Subtype

$1,175,000

FR26078832 MLS ⋅ Active Status

Eight Unit Multifamily Investment Opportunity. Great Income, Modern Upgrades, Strong Rental Demand, Brand New Roof, Brand New Paint, newer AC units. This 8 unit multifamily asset offers a full 2 Bedroom, 1 Bath configuration, a consistently high demand layout in the Fresno rental market. Every residence has received new interior paint within the last year, creating a clean and uniform presentation across the property. The building reflects ongoing ownership care, with a mix of upgraded interiors, modernized kitchens and baths, and strong in place rents. This is a stabilized, income producing asset with clear upside through continued modernization of legacy units. Unit Mix and Interior Condition: Unit 1: $1,400. Fresh interior paint, new floors. Unit 2: $1,050. New flooring. Clean interior profile. Unit 3: $1,200. New flooring. Fully remodeled kitchen with granite and new cabinets. New bathroom. Unit 4: $1,175. New bathroom. New flooring. New stove. Unit 5: $1,250. Full renovation completed one year ago. Modern kitchen, bath, flooring, and finishes. Unit 6: $1,541. New windows. New paint. New stove. (Hosing Voucher) Second Building (Units 7 and 8): Unit 7: $1,090. Unit 8: $1,025. New bathroom. New kitchen with cabinets, granite, and stove. New flooring and new paint. Financial Summary: Total Monthly Income: $9,731.00 Total Annual Income: $116,772 Operating Expenses (Annual): Insurance: $4,700 Water and Sewer: $3,000 Trash: $2,800 Electric and Gas (Common): $900 Garden Care: $600 Pest Control: $600 Investment Highlights: Brand new Roof. Brand new outdoor paint. All units are 2 bed and 1 bath, the strongest rental configuration in this submarket. Uniform interior paint across all eight units within the last year. Multiple upgraded interiors with new kitchens, granite counters, cabinets, flooring, and bathrooms. Stabilized rent roll with strong in place income. Clear value add runway through modernization of legacy units. This 8 unit asset is ideal for investors seeking an income producing property with a balanced mix of renovated units and value add potential. There is room for improvements in the rents.

3940 E Burns, Fresno

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.