Eight-Unit Multifamily Investment
3940 E Burns Fresno, CA 93725
For Sale
$1,175,000
Stabilized income property with modern upgrades and strong rental demand.
Days on Market94
Property Features for 3940 E Burns
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 1963
Listing Agency:
Universal Realty Services, Inc.
(559) 917-1113
Listed By:
Gautam Atri · License #02050505
(559) 917-1113
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 26 at 12:27PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Universal Realty Services, Inc.
Investment Insights
Based on property information with market context.
This eight-unit multifamily property presents an investment opportunity with stabilized income. The property features a consistently high-demand layout of two-bedroom, one-bath configurations. Each residence has been updated with new interior paint within the last year, providing a clean and uniform appearance throughout. The building showcases ongoing care, including a mix of upgraded interiors and modernized kitchens and baths. Strong in-place rents indicate a stabilized, income-producing asset with potential for increased value through continued modernization of existing units. A brand new roof has been installed. The property's walk score is 29, indicating that it is car-dependent. The transit score is 33, suggesting some transit options are available.
Key Highlights
- Stabilized income for reliable returns.
- Strong rental demand makes this a sound investment.
- Enjoy modern upgrades throughout the property.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Stabilized income property with modern upgrades and strong rental demand.
Where is this apartment building located?
The property is located at 3940 E Burns Fresno, CA.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: Stabilized income for reliable returns.; Strong rental demand makes this a sound investment.; Enjoy modern upgrades throughout the property.