Fresno Homes with Apartment Subtype

Fresno Homes with Apartment Subtype

Welcome to Fresno, California—a vibrant city nestled in the heart of the Central Valley, known for its rich agricultural heritage, diverse culture, and a warm, inviting community. As the fifth-largest city in California, Fresno offers a unique blend of urban amenities and natural beauty, making it an ideal place to call home. With its sprawling parks, proximity to the majestic Sierra Nevada mountains, and a thriving arts scene, Fresno truly has something for everyone.

When it comes to real estate, Fresno stands out with its diverse housing options, particularly in the realm of homes with apartment subtypes. These properties cater to a variety of lifestyles, providing both the comfort of a traditional home and the flexibility of apartment living. Whether you’re searching for a multi-family dwelling, a duplex, or a spacious home with an attached apartment, Fresno's real estate market offers an array of choices to suit your needs.

Homes with apartment subtypes in Fresno are perfect for those looking to generate rental income or accommodate extended family members. They are strategically located in family-friendly neighborhoods, close to schools, parks, and shopping centers, ensuring convenience for all residents. Additionally, the city’s affordable housing market means that you can find a property that fits your budget without compromising on quality or space.

Explore the charm of Fresno and discover your perfect home with an apartment subtype. Embrace the opportunities this dynamic city has to offer and make Fresno your new home today!

Newest Fresno Homes with Apartment Subtype

3940 E Burns, Fresno
$1,175,000
FR26090586 MLS ⋅ Active Status
Eight Unit Multifamily Investment Opportunity. Great Income, Modern Upgrades, Strong Rental Demand, Brand New Roof, Brand New Paint, newer AC units. This 8 unit multifamily asset offers a full 2 Bedroom, 1 Bath configuration, a consistently high demand layout in the Fresno rental market. Every residence has received new interior paint within the last year, creating a clean and uniform presentation across the property. The building reflects ongoing ownership care, with a mix of upgraded interiors, modernized kitchens and baths, and strong in place rents. This is a stabilized, income producing asset with clear upside through continued modernization of legacy units. Unit Mix and Interior Condition: Unit 1: $1,400. Fresh interior paint, new floors. Unit 2: $1,050. New flooring. Clean interior profile. Unit 3: $1,200. New flooring. Fully remodeled kitchen with granite and new cabinets. New bathroom. Unit 4: $1,175. New bathroom. New flooring. New stove. Unit 5: $1,250. Full renovation completed one year ago. Modern kitchen, bath, flooring, and finishes. Unit 6: $1,541. New windows. New paint. New stove. (Hosing Voucher) Second Building (Units 7 and 8): Unit 7: $1,090. Unit 8: $1,025. New bathroom. New kitchen with cabinets, granite, and stove. New flooring and new paint. Financial Summary: Total Monthly Income: $9,731.00 Total Annual Income: $116,772 Operating Expenses (Annual): Insurance: $4,700 Water and Sewer: $3,000 Trash: $2,800 Electric and Gas (Common): $900 Garden Care: $600 Pest Control: $600 Investment Highlights: Brand new Roof. Brand new outdoor paint. All units are 2 bed and 1 bath, the strongest rental configuration in this submarket. Uniform interior paint across all eight units within the last year. Multiple upgraded interiors with new kitchens, granite counters, cabinets, flooring, and bathrooms. Stabilized rent roll with strong in place income. Clear value add runway through modernization of legacy units. This 8 unit asset is ideal for investors seeking an income producing property with a balanced mix of renovated units and value add potential. There is room for improvements in the rents.

3940 E Burns, Fresno

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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