Active
1911 E Saginaw Way
Fresno CA, 93726
$1,199,000
$237.99 per sqft
Active
18 Beds
6 Baths
5,038 sqft
Multi-family
Built in 1988
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.
617815
MLSⓇ ID
September 2, 2024
Listed
November 22, 2024
Updated
Map
1911 E Saginaw Way
Fresno CA, 93726
Interior Features
Total Stories
2
Bedrooms
18
Total Bathrooms
6
Appliances
Refrigerator: All Units, Dishwasher: None, Disposal: All units, Stove: All units, Washer/Dryer(s) Leased
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Central Heat/Cool
Heating
Yes
Exterior/Building Features
Lot Size
0.22 Acres
Exterior Features
Urban
Lot Features
Urban
Roof
Composition
Sewer
Public Sewer
School Information
School District
Fresno Unified
Other Property Details
Area Name
726
Garage
Yes
Garage Spaces
10
Parking
Carport, Covered, Open, One Space per Unit, More than One Space
View
No
County
Fresno
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
11/13/2024 | Price change | $1,199,000 4% |
Listed by eXp Realty of California, Inc., Eduardo L. Guajardo,
Listing Contact: 831-206-2335
All properties are subject to prior sale, change or withdrawal. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/22/2024 9:57 PM UTC.
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