Great opportunity to own 5 individual rental properties! These individual houses are located on a 15,000 sqft corner lot, minutes away from FWY 99. Each property is approximately 468 sqft, each with 1 bedroom & 1 bath. Potential rent income from Section 8 is $1272 per house, totaling $6360 per month, $76,320 per year. Current rents are below market rate. Also near Malaga Community Park & Recreation Center which has pool, soccer field, and playground. Make a contingency offer subject to inspection.
Sold for $450,000 on 07/21/23
$450,000
South Frank, Fresno, CA 93725
--beds
--baths
2,340sqft
Five Or More Units
Built in 1958
-- sqft lot
$514,100 Zestimate®
$192/sqft
$1,795 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 21, 2024 at 01:37am
Listed by:
Judy Ramos 01488527 408-389-3700,
Coldwell Banker Realty 408-723-3300
Bought with:
RECIP, 00000000
Out of Area Office
Source: MLSListings Inc,MLS#: ML81928099
Facts & features
Interior
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Features
- Flooring: Carpet, Laminate, Vinyl Linoleum
- Doors: None
Interior area
- Total structure area: 2,340
- Total interior livable area: 2,340 sqft
Property
Parking
- Parking features: Carport
- Has carport: Yes
Accessibility
- Accessibility features: None
Lot
- Size: 0.34 Acres
Details
- Parcel number: 33116306
- Zoning: R3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Five Or More Units
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 1958
Utilities & green energy
- Gas: PublicUtilities
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities, Water Public
Community & neighborhood
Location
- Region: Fresno
Other
Other facts
- Listing agreement: ExclusiveRightToSell
- Listing terms: CashorConventionalLoan, Exchange
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$514,100
2% more+$10,282
With Zillow Showcase(estimated)$524,382