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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