$640,000

4316 E Olive Ave, Fresno, CA 93702

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5 bd · 5.0 ba · 2,200 sqft · $291/sqft · 0.18 acres

Residential Income · Multi Family · Built 1963 · 153 days on Properkey

Description

Central Fresno 5-Plex Investment OpportunityExcellent 5-unit multifamily property located in Central Fresno featuring five 1-bedroom, 1-bath units. This well-maintained income property offers strong cash flow with all units currently rented. Four of the five units are occupied by Section 8 tenants, providing reliable rental income.Rental IncomeUnit A: $1,116/monthUnit B: $1,232/monthUnit C: $1,157/monthUnit D: $1,182/monthUnit E: $1,315/monthTotal Gross Monthly Rent: $6,052Total Annual Gross Rent: $72,624Property HighlightsFive 1-bedroom, 1-bath units100% occupiedStrong cash flow investment opportunityFive covered carportsConvenient Central Fresno locationClose to grocery stores, gas stations, shopping, and freeway accessThis property is an excellent opportunity for investors seeking rental income and long-term growth potential in a desirable rental market.

Agent & source

Listed by
Puneet Bhargava
Brokerage
HomeSmart PV and Associates
DRE
#01859500
MLS # 648966 Source FRESNO

Property details

Rooms & Layout

Levels
One
Bedrooms
5
Bathrooms
5.0 (5 full)

Property Features

Lot features
Urban

Building & Construction

Construction Materials
Stucco
Roof
Rolled/Hot Mop
Foundation
Concrete Perimeter

Exterior & Parking

Parking
Carport, Carport

Interior & Comfort

Heating
Floor or Wall Heat
Cooling
Evaporative Cooling, Wall/Window Unit(s)

Utilities

Water Source
Public
Sewer
Public Sewer
Electric
On
Public Utilities, Natural Gas Connected

Nearby

Active Pending Closed Rental
High
Fresno Unified District

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