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  • $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

    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.

    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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