Property Detail

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 - $1,950 Total Monthly Income: $8,217.00 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.