$725,000 Price Analysis    ♡   Fresno, CA 93727 10 bed 7 bath 4,658 SqFt ($155/SqFt) 0.3 acre lot. Built 1980 Listed 2024-06-25, Taxes $3,005 | Ⓧ USDA Ineligible due to location near Fresno |
This 5 unit multifamily deal in Fresno presents an exceptional investment opportunty for investment.
5-unit apartment complex, three 2 bed 1 bath units and two 2 bed 1.5 bath units with private laundry rooms. Unit 961 $913, Unit 963 $913 Unit 965 $1055, Unit 5031 $902 Unit 5035 $902 Rent: $4, 685/month ($56, 220 annually).
Rents are below market and can be increased. All units are on month to month. Owner pays water, se wer, trash and landscape. Tenants pay gas and electric. town house units (2 of them) have their own laundry rooms. The ground floor units have a community laundry room with coin op machines. Owner owned refrigerators in all units.
Property MLS #FR24130297 from CRMLS
Lot Size Acres: 0.2984
Lot Size Source: Assessor
Lot Size Square Feet: 13000
Parking Total: 5
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Bedrooms in Unit-5: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 2
Total Bathrooms in Unit-5: 2
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1
Unit-4 Garage Spaces: 1
Unit-5 Garage Spaces: 1
County: Fresno
Source Property Type: Residential Income
Insurance Expense: 6500.00
Area: FSNO - Fresno
Source Neighborhood: FSNO - Fresno
Number of Separate Electric Meters: 5
Number of Separate Gas Meters: 5
Number of Separate Water Meters: 1
Parcel Number: 47217205
Postal Code Plus 4: 4822
Trash Expense: 145.00
Zoning: R-3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $191,067 + $35,290 $226,357 | $3,005 |
| 2021 | $187,321 + $34,599 $221,920 | $2,925 |
| 2020 | $185,401 + $34,245 $219,646 | $2,913 |
| 2019 | $181,766 + $33,574 $215,340 | $2,804 |
| 2018 | $178,202 + $32,916 $211,118 | $2,745 |
| 2017 | $174,708 + $32,271 $206,979 | $2,699 |
| 2016 | $171,283 + $31,639 $202,922 | $2,613 |
| 2015 | $168,711 + $31,164 $199,875 | $2,575 |
| 2014 | $165,407 + $30,554 $195,961 | $2,522 |
| 2013 | $135,000 + $30,000 $165,000 | $2,141 |
| 2012 | $135,000 + $30,000 $165,000 | $2,141 |
| 2010 | $145,000 + $30,000 $175,000 | $2,401 |
| 2009 | $157,458 + $29,086 $186,544 | $2,407 |
| 2009 | $157,084 + $29,017 $186,101 | $2,407 |
| 2008 | $154,371 + $28,516 $182,887 | $2,192 |
| 2007 | $151,345 + $27,957 $179,302 | $2,277 |
$725,000
CRMLS
Price Changed 2024-07-14
$725,000
Fresno
Listed 2024-06-25
$750,000
CRMLS
Listed 2024-06-21
$750,000
Fresno
Sold 1996-07-05
$148,000
Public Record
Year Built: 1980
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 44
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Assessor
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.