4-unit complex with immense value-add potential. Unit mix, comprising of one 2-bedroom, 1-bathroom, with bonus room unit, and three 1-bedroom, 1-bathroom units. With an on-site laundry room, this complex provides added convenience for tenants.Currently, the 2-bedroom unit is undergoing the final stages of the permitting process, with approved plans ready for implementation. This presents an exciting chance to increase the property's value and rental income.Priced to sell in its current AS-IS condition, this complex represents an incredible opportunity for savvy investors. Buyer to be responsible for completing the permit process. As a courtesy to the existing tenants, we kindly request that you refrain from disturbing them. Their privacy and comfort are of utmost importance.Don't miss out on this exceptional opportunity to acquire a 4-unit complex with value-add potential. Agents please read remarks.
Sold
$430,000
1939 E Simpson Ave, Fresno, CA 93703
5beds
4baths
2,538sqft
Multi Family, Quadruplex
Built in 1952
-- sqft lot
$481,800 Zestimate®
$169/sqft
$1,722 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 19, 2023 at 07:06am
Listed by:
Roy C. Cordova DRE #01944933 559-319-0591,
Fresno Income Properties
Bought with:
Nonmember Nonmember
Nonmember
Source: Fresno MLS,MLS#: 595693Originating MLS: Fresno MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Floor or Wall Heat
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Refrigerator: More than One Unit, Dishwasher: More than One unit, Disposal: More than One Unit, Stove: More than One unit
Features
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,538
- Total interior livable area: 2,538 sqft
Property
Parking
- Parking features: Open
- Has attached garage: Yes
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Size: 8,280 sqft
- Features: Urban
Details
- Parcel number: 44503211
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Quadruplex
Materials
- Wood Siding
- Foundation: Concrete Perimeter, Wood Subfloor
- Roof: Composition
Condition
- Year built: 1952
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities
Community & neighborhood
Location
- Region: Fresno
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Income includes: Laundry, Month to Month, Lease, Both
- Listing terms: Cash
Services availability

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