Desirable Investment Opportunity in North Fresno. This 6-unit apartment complex, located in the northern end of Fresno, near HWY 41, presents a prime investment opportunity. Each unit offers a spacious 3-bedroom, 1-bathroom layout with a living room and kitchen combo, complete with centralized HVAC heating and cooling systems. All units are currently rented, with rent rolls near market rates, ensuring positive income from day one. The new roof was upgraded in 2022. The complex also features 10 parking spaces and plenty of on-street parking, which adds convenience for tenants. Additional income streams come from the on-site utility room's leased washer and dryer units. Surrounded by other rental properties and close to a nearby community park, the property is ideally situated for renters. The proximity to shopping centers adds to its appeal, making it a sought-after location. Professionally managed, this complex is well-maintained and ready to continue generating steady returns. Financials: Income and expenses are available upon request.
For sale
Price increase: $50K (4/8)
$1,299,000
1911 E Saginaw Way, Fresno, CA 93726
18beds
6baths
5,038sqft
Est.:
Multi Family
Built in 1988
-- sqft lot
$1,261,600 Zestimate®
$258/sqft
$-- HOA
What's special
- 239 days
- on Zillow |
- 382 |
- 16 |
Zillow last checked: 7 hours ago
Listing updated: April 08, 2025 at 12:13am
Listed by:
Eduardo L. Guajardo DRE #02056453 831-206-2335,
eXp Realty of California, Inc.
Source: Fresno MLS,MLS#: 617815Originating MLS: Fresno MLS
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 18
- Bathrooms: 6
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air
Appliances
- Included: Refrigerator: All Units, Dishwasher: None, Disposal: All units, Stove: All units, Washer/Dryer(s) Leased
Features
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 5,038
- Total interior livable area: 5,038 sqft
Property
Parking
- Parking features: Carport, Covered, Open, One Space per Unit, More than One Space
- Has attached garage: Yes
- Has carport: Yes
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Fencing: Fenced
Lot
- Size: 9,517.86 Square Feet
- Features: Urban
Details
- Parcel number: 43618313
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco, Wood Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 1988
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities, Natural Gas Not Available
Community & HOA
Community
- Features: Utility Room
Location
- Region: Fresno
Financial & listing details
- Price per square foot: $258/sqft
- Date on market: 9/2/2024
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional,Cash
- Tenant pays: Electricity
- Income includes: Lease
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