2025 E White AVE, Fresno, CA 93701
2025 E White AVE, Fresno, CA 93701
2025 E White AVE, Fresno, CA 93701
2025 E White AVE, Fresno, CA 93701
2025 E White AVE, Fresno, CA 93701
2025 E White AVE, Fresno, CA 93701
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Zoe Huebner

Zoe Huebner

+1(559) 349-1846
$ 890,000
Est. payment | /mo

15 Beds

5 Baths

4,500 SqFt

Save
$ 890,000
Est. payment | /mo
Save

15 Beds

5 Baths

4,500 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,500 sqft

Price per Sqft $197

MLS Listing ID 647446

Bedrooms 15

Full Baths 5

HOA Y/N No

Year Built 1970

Lot Size 6,250 Sqft

Property Sub-Type Multi Family

Property Description

Exceptional opportunity to acquire a well-maintained 5-unit multifamily property in a desirable Fresno location. Each unit offers a spacious 3-bedroom, 1-bath layout with approximately 900 square feet, totaling 4,500 square feet of rentable spaceideal for attracting long-term tenants.The property has been recently remodeled and painted within the past three years, providing a low-maintenance, turnkey investment. All units are Section 8 friendly and currently leased through the Housing Authority, offering reliable, consistent rental income and reduced vacancy risk.Current gross rents total $8,648/month, with upside potential to $9,375/month based on existing rent caps. Annual gross income exceeds $103,000 with the potential to reach over $112,000and even higher as voucher limits continue to rise.Operating expenses are efficient, resulting in a strong Net Operating Income of approximately $72,996, with potential to increase to $81,720. Investors will benefit from immediate positive cash flow, with current monthly returns around $2,583 and projected upside to over $3,300/month. All five A rents are due to be increased in next 7 dash 8 months/ assuming rents will be increased by 7% The new rents will be$9061Ideally located near Highway 180, shopping centers, schools, and dining, the property sits within a clean, well-maintained complex in a high-demand rental area.Highlights:Five 3 bed / 1 bath units (~900 SF each)Recently remodeled interiors and exterior updatesSection 8 tenant baseStrong in-place income with rental upsideLow-maintenance investmentExcellent access to major corridors and amenitiesPerfect for investors seeking income-producing asset with built-in growth potential in a steadily appreciating market.Don't miss this rare opportunityschedule your private tour today!

Location

State CA

County Fresno

Interior

Cooling Wall/Window Unit(s)

Fireplaces Type None

Exterior

Parking Features Carport

Community Features Utility Room

Utilities Available Public Utilities, Natural Gas Connected

Roof Type Composition

Building

Lot Description Urban

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Schools

High Schools Fresno Unified

Fresno MLS
Listed by HomeSmart PV and Associates

Nearby Locations

Zoe Huebner

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(559) 349-1846

zoe@shaverlake.com

41851 Tollhouse Rd, Shaver Lake, CA, 93664, USA

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2025 E White AVE