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 heritage and diverse culture, Fresno offers a unique blend of urban amenities and scenic landscapes. With its warm climate and an abundance of parks, residents enjoy a lifestyle that balances outdoor recreation with city living. The city is also conveniently located, providing easy access to the stunning Sierra Nevada mountains and beautiful national parks, making it an ideal spot for nature enthusiasts.

For those considering an investment in real estate, Fresno presents an exciting opportunity, particularly for multi-family homes. With a growing population and a strong rental market, multi-family properties in this region offer the potential for stable income and long-term appreciation. Whether you’re looking to invest in duplexes, triplexes, or larger apartment complexes, Fresno’s diverse neighborhoods cater to various lifestyles and budgets.

Fresno's multi-family homes are not just investment properties; they also foster a sense of community. Many of these homes are situated in vibrant neighborhoods, close to schools, shopping, and dining options, making them attractive to families and young professionals alike. The city’s commitment to development and revitalization ensures that multi-family living is both desirable and lucrative.

In summary, Fresno is a city brimming with opportunities, especially for those interested in multi-family real estate. With its welcoming atmosphere, strategic location, and robust rental market, investing in Fresno’s multi-family homes could be your next best decision. Explore the possibilities and discover why Fresno is a great place to call home or invest in your future!

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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