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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Eric Linville

Eric Linville

+1(559) 681-1445
$ 860,000
Est. payment | /mo

15 Beds

5 Baths

4,500 SqFt

Save
$ 860,000
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 $191

MLS Listing ID 657316

Bedrooms 15

Full Baths 5

HOA Y/N No

Year Built 1970

Lot Size 6,250 Sqft

Property Sub-Type Multi Family

Property Description

Turnkey 5 unit multifamily investment opportunityFresno, California | Section 8 Rental Income | Strong Upside Potential--Brand new exterior paintExceptional opportunity to acquire a well-maintained, income-producing 5-unit multifamily property in a desirable Fresno location! Each unit features a spacious 3-bedroom, 1-bathroom floor plan with approximately 900 square feet, providing a total of approximately 4,500 square feet of rentable living space.Property highlights5 units all 3 bedrooms and 1 bathroomApproximately 900 square feet per unitApproximately 4,500 total rentable square feetRecently remodeled and painted within the past three yearsFour units leased to Housing Authority voucher tenantsSection 8-friendly property with established rental incomeConvenient access to Highway 180, shopping centers, schools, restaurants, and other amenitiesSTRONG RENTAL INCOME WITH BUILT-IN UPSIDEThe property currently generates approximately $8,548 per month in gross rental income, or $102,576 annually.Based on the existing rent caps and anticipated rent adjustments, there is potential to increase monthly gross rents to approximately $9,375, representing annual gross rental income of $112,500.Additionally, all five units are expected to become eligible for rent increases within the next 7-8 months. Assuming an average 7% increase from current rents, monthly gross income could rise to approximately $9,146, or about $109,748 annually.Actual increases are subject to Housing Authority approval, applicable program requirements, and lease terms.Established rental income from five occupied unitsPotential for increased cash flow as rents riseSpacious three-bedroom layouts appealing to familiesRecent improvements that may help reduce near-term maintenance needsConvenient location near major transportation routes and everyday amenitiesOpportunity to own a five-unit income-producing asset in Fresno's rental marketWhether you're expanding your multifamily portfolio or seeking an income-producing investment with future rental growth potential, this property deserves your attention.Don't miss this opportunity! Contact us today to request additional information and schedule a private showing.Call your agent. Interior pictures were taken when units were vacant.

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

Eric Linville

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

+1(559) 681-1445

eric@homeadvisorca.com

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2025 E White AVE