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Listed by Kyle Wilkins • Universal Lending and Realty, Inc.
$ 750,000
Est. payment | /mo
1,175 SqFt
$ 750,000
Est. payment | /mo
1,175 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,175 sqft
Price per Sqft $638
MLS Listing ID CRFR25144213
HOA Y/N No
Year Built 1940
Lot Size 1.830 Acres
Property Sub-Type Triplex
Source Datashare California Regional
Property Description
Investor Goldmine: 3 Homes on 2.1 Acres with Multi-Strategy Potential Calling all investors this rare 2.1-acre parcel features three income-producing homes and offers multiple avenues to maximize ROI: monthly rental, rezoning opportunity, or long-term development. ?? Property Overview (2 APNs, sold as one): 1803 Mitchell Ave (southernmost): Cozy 2?bd/1?ba rental generating $1,200/mo. 1815 Mitchell Ave: Classic gem on its own parcel (APN?390-020-63) with central HVAC, original hardwood floors, and vibrant tile countertops. Includes 3 detached outbuildingsideal for workshop space or ancillary income. 1845 Mitchell Ave (northernmost): Spacious 3?bd/1?ba home featuring indoor laundry, expansive living area, fenced yard, 3-car garage, and a metal storage shed. Plusthis house sits adjacent to open ground (included in the acreage) ready for build-out. ?? Why This Property Stands Out: Cashflow from Day One: Rent all three homes while pursuing rezoning or development. Development-Ready: Neighboring parcel recently subdivided into single-family lotssets a strong precedent. Versatility: Ideal for investors specializing in long-term rentals, fix-and-flips, or multifamily development. ?? Highlights & ROI Drivers: Immediate rental income across all units Flexible strategies: hold, convert, or
Location
State CA
County Fresno
Interior
Heating Central
Cooling Central Air, Evaporative Cooling
Fireplace No
Laundry Inside
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Glen Riggs
REALTOR® | Lic# CA DRE 02161397