Courtesy of: Puneet Bhargava, HomeSmart PV and Associates, tpriest@homesmartpva.com
Courtesy of: Puneet Bhargava, HomeSmart PV and Associates, tpriest@homesmartpva.com
$910,000
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15 bed
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5.00 Bath (5 Full)
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Lot: 0.14 Acres
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Other
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$910,000
2025 E White Avenue Exceptional opportunity to acquire a well-maintained 5-unit multifamily property in a desirable Fresno location. Each unit offers a spacious 3-bedroom, 1-bath layout with approximately 900 square feet, totaling 4, 500 square feet of rentable spaceideal for attracting long-term tenants. The property has been recently remodeled and painted within the past three years, providing a low-maintenance, turnkey investment. All units are Section 8 friendly and currently leased through the Housing Authority, offering reliable, consistent rental income and reduced vacancy risk. Current gross rents total $8, 648/month, with upside potential to $9, 375/month based on existing rent caps. Annual gross income exceeds $103, 000 with the potential to reach over $112, 000and even higher as voucher limits continue to rise. Operating expenses are efficient, resulting in a strong Net Operating Income of approximately $72, 996, with potential to increase to $81, 720. Investors will benefit from immediate positive cash flow, with current monthly returns around $2, 583 and projected upside to over $3, 300/month. All five A rents are due to be increased in next 7 dash 8 months/ assuming rents will be increased by 7% The new rents will be$9061 Ideally located near Highway 180, shopping centers, schools, and dining, the property sits within a clean, well-maintained complex in a high-demand rental area. Highlights: Five 3 bed / 1 bath units (~900 SF each) Recently remodeled interiors and exterior updates Section 8 tenant base Strong in-place income with rental upside Low-maintenance investment Excellent access to major corridors and amenities Perfect for investors seeking income-producing asset with built-in growth potential in a steadily appreciating market. Don't miss this rare opportunityschedule your private tour today!
Courtesy of: Puneet Bhargava, HomeSmart PV and Associates, tpriest@homesmartpva.com
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