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Key Details
Sold Price $385,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,324 sqft
Price per Sqft $165
MLS Listing ID 618069
Sold Date 10/11/24
Bedrooms 5
Full Baths 3
HOA Y/N No
Year Built 1967
Lot Size 8,698 Sqft
Property Sub-Type Triplex
Property Description
Prime investment opportunity in the heart of Fresno! This well-maintained triplex offers two spacious 2-bedroom, 1-bathroom units and one 1-bedroom, 1-bathroom unit, providing a strong rental mix for reliable income. Located near Manchester Mall and a variety of restaurants, this property is perfectly positioned for tenants seeking convenience and amenities in central Fresno.Each unit comes with its own dedicated garage space, offering added value for tenants. The property is enhanced by mature trees and landscaping, creating a peaceful atmosphere. With tenants covering their own electric and gas, operational costs are kept low, resulting in a solid 5.8% capitalization rate.Whether you're expanding your portfolio or seeking a steady income stream, this triplex is a fantastic addition for any investor looking for long-term potential and consistent returns. Don't miss the chance to secure this income-producing property in a highly desirable area!
Location
State CA
County Fresno
Interior
Heating Central
Cooling Wall/Window Unit(s)
Fireplaces Type One Unit
Exterior
Parking Features Garage, One Space per Unit
Garage Spaces 3.0
Utilities Available Public Utilities
Roof Type Composition
Building
Lot Description Urban, Mature Landcsape
Story 1
Foundation Concrete Perimeter, Wood Subfloor
Sewer Public Sewer
Water Public
Schools
High Schools Fresno Unified
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