Fresno Homes with Apartment Subtype

Fresno Homes with Apartment Subtype

Fresno County, located in the state of California, is a vibrant and diverse region that offers a fantastic quality of life. Home to the city of Fresno, this county has a rich history, stunning natural landscapes, and a booming real estate market.

Fresno County is known for its warm Mediterranean climate, with hot summers and mild winters, making it an ideal place to live for those who enjoy outdoor activities year-round. The county is also home to several national parks and forests, including Yosemite National Park and Kings Canyon National Park, providing residents with ample opportunities for hiking, camping, and exploring the great outdoors.

If you're in the market for a home with an apartment subtype, Fresno County has plenty of options to choose from. Whether you're looking for a multi-family property to generate rental income or a home with a separate living space for extended family or guests, you'll find a variety of homes that cater to your needs.

Homes with apartment subtypes offer a range of benefits, including the potential for additional rental income or the flexibility to accommodate changing family dynamics. These properties often feature separate entrances, kitchens, and living spaces, providing privacy and independence for both the main residence and the apartment.

Fresno County's real estate market is thriving, with a mix of new developments and established neighborhoods. From charming bungalows to spacious modern homes, there's something for everyone in this diverse county. So whether you're a first-time buyer or looking to invest in rental properties, Fresno County has plenty to offer.

Newest Fresno Homes with Apartment Subtype

$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.