Description
This well-maintained duplex offers incredible dual-income potential with two large units, each featuring:🛏 5 Bedrooms & 🛁 2 Bathrooms + 🚗 1-Car Garage per Unit - Total: 10 Beds / 4 Baths💰 Investment HighlightsRental Income:🔹 Both units currently rented - Total Monthly Income: $4,601🔹 Tenants Pay Utilities! - Each unit is separately metered for water, sewer, and garbage, a major investor advantage that enhances net income.🔹 Washer & Dryer Hookups in both units increase tenant retention and demand.🔹 Projected Rent Potential:According to 2024 Fresno Housing Authority Payment Standards, rent could reach $2,975 per unit, offering potential gross income of $5,950/month!Strong Cash Flow + Cap Rate PotentialCompetitive pricing aligned with high cap rates and long-term appreciation prospects.📍 Prime Central LocationWalking distance to Community Regional Medical Center & Downtown FresnoLess than 1 mile from Highway 41 - Easy access for commutersMinutes to the Tower District - Fresno's hotspot for restaurants, nightlife, and arts🏡 Property Features Summary:🏘️ Duplex - 2 Units (5 Bed / 2 Bath Each)🚗 1-Car Garage per Unit--Total 2 garages🔌 Separate Utility Meters (Tenants Pay)🧺 Washer/Dryer Hookups💵 High Income Potential - Increase rent as per CA Law--every year📞 Contact Your Agent Today
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10BEDS
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0.17ACRES
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4BATHS
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01/2 BATHS
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2,634SQFT
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$0$/SQFT
School Information
Description
This well-maintained duplex offers incredible dual-income potential with two large units, each featuring:🛏 5 Bedrooms & 🛁 2 Bathrooms + 🚗 1-Car Garage per Unit - Total: 10 Beds / 4 Baths💰 Investment HighlightsRental Income:🔹 Both units currently rented - Total Monthly Income: $4,601🔹 Tenants Pay Utilities! - Each unit is separately metered for water, sewer, and garbage, a major investor advantage that enhances net income.🔹 Washer & Dryer Hookups in both units increase tenant retention and demand.🔹 Projected Rent Potential:According to 2024 Fresno Housing Authority Payment Standards, rent could reach $2,975 per unit, offering potential gross income of $5,950/month!Strong Cash Flow + Cap Rate PotentialCompetitive pricing aligned with high cap rates and long-term appreciation prospects.📍 Prime Central LocationWalking distance to Community Regional Medical Center & Downtown FresnoLess than 1 mile from Highway 41 - Easy access for commutersMinutes to the Tower District - Fresno's hotspot for restaurants, nightlife, and arts🏡 Property Features Summary:🏘️ Duplex - 2 Units (5 Bed / 2 Bath Each)🚗 1-Car Garage per Unit--Total 2 garages🔌 Separate Utility Meters (Tenants Pay)🧺 Washer/Dryer Hookups💵 High Income Potential - Increase rent as per CA Law--every year📞 Contact Your Agent Today
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