5 E Saginaw, Fresno, CA, CA 93704
- $850,000
- List Price
- $850,000
- Status
- ACTIVE
- MLS#
- FR26143670
- County
- Fresno
- Year Built
- 1970
- Building Square Feet
- 3,840
- Square Feet
- 7,380
- Days on Market
- 31
- Property Type
- Multifamily
- Stories
- Two Levels
Property Description
This fully upgraded FHA/VA eligible four plex offers exceptional income performance in one of Fresno's most convenient lifestyle corridors. Located just north of Dakota and west of Palm, the property sits moments from Fig Garden Village, giving residents effortless access to premier shopping, dining, Whole Foods, and everyday conveniences along Palm & Shaw. Each of the four townhome style units features 3 bedrooms, 1.5 bathrooms, and approximately 960 sq ft, with meaningful upgrades completed. The property presents a clean, modern, and highly functional living environment that aligns perfectly with the area's strong rental demand. Current Rents: Unit 101 - $2,000 (VA) Unit 102 - $2,317 (Section 8) Unit 201 - $1,950 Unit 202 - $1,850 Total Monthly Income: $8,117.00 Tenant Paid Utilities: Electricity, Water, Sewer. Owner Expenses: Insurance ($3,319/yr), Landscape ($840/yr), Trash ($1,500/yr), Pest ($600/yr), Property Tax (approx. 1.25% of purchase price). With no owner paid utilities, this property operates with an efficient expense structure and strong income. The upgrades enhance durability, functionality, and long term appeal for renters. The location offers quick access to Fresno City College, major transportation routes, shopping, and employment centers. Individual Carport parking adds convenience for residents. This is a rare opportunity to acquire a high income four plex with updated interiors, excellent rent levels, and minimal operating burden. Showings are subject to tenant cooperation; offers may be submitted subject to inspection.
/u.realgeeks.media/grandestatesca/dp_logo_w_background.png){kind=logo}
Additional Information
- Parcel Number
- 43422301
- Gross Scheduled Income
- $98,604
- Operating Expense
- 16884
- Net Operating Income
- $81,720
- Number of Buildings
- 1
- Lot Features
- 2-5 Units/Acre
- Heat
- Central
- Cooling
- Yes
- Roof
- Composition
- Carport Spaces
- 4
- Sewer
- Public Sewer
- Water
- Public
- Community Features
- Urban
Listing courtesy of Listing Agent: Gautam Atri (Contact@GautHome.com) from Listing Office: Universal Realty Services, Inc.
Mortgage Calculator
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.