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1452 N 5th ST Fresno, CA 93703
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Key Details
Sold Price $515,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,802 sqft
Price per Sqft $183
MLS Listing ID 610466
Sold Date 05/17/24
Bedrooms 5
Full Baths 4
HOA Y/N No
Year Built 1942
Lot Size 9,748 Sqft
Property Sub-Type Quadruplex
Property Description
Welcome to an impeccably maintained residential income property, a gem in a serene corner setting. Comprising three buildings on a spacious corner lot, this investment exudes timeless appeal and modern convenience.The front triplex offers two inviting studios upstairs and a spacious 2-bedroom residence downstairs, complemented by a separate one-bedroom dwelling facing Pine Street. A three-car garage provides ample parking and storage space.Nestled in a meticulously preserved neighborhood near a school, this property caters to families and professionals seeking convenience and tranquility.Recent renovations, undertaken within the last four years, have revitalized every unit, infusing them with modern comforts and aesthetic charm. From remodeled interiors to newer sectional garage doors, attention to detail is evident throughout.Moreover, essential infrastructure upgrades, including re-roofing and the installation of energy-efficient dual-pane vinyl-framed windows, ensure durability and sustainability for years to come. Additional enhancements, such as replaced waste water lines and a new main electrical panel, underscore the property's commitment to excellence.Professionally managed with care, this property offers both lifestyle and security. With a solid cap rate of 7.68%, seize the opportunity to add a lucrative asset to your portfolio.
Location
State CA
County Fresno
Interior
Heating Floor or Wall Heat
Cooling Wall/Window Unit(s)
Fireplaces Type One Unit
Exterior
Parking Features Garage, Open, More than One Space
Garage Spaces 3.0
Fence Fenced
Utilities Available Public Utilities
Roof Type Composition
Building
Lot Description Urban, Corner Lot, Sprinklers In Front, Mature Landcsape
Story 2
Foundation Concrete Perimeter, Wood Subfloor
Sewer Public Sewer
Water Public
Schools
High Schools Fresno Unified
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