1911 E Saginaw Way 6 Unit Apartment Building $1,199,000 ($199,833/Unit) 6.56% Cap Rate Fresno, CA 93726

Desirable investment opportunity in North Fresno. This 6-unit apartment complex, located near HWY 41, features spacious 3-bedroom, 1-bathroom units, each offering a comfortable living room and kitchen layout with centralized HVAC for heating and cooling. Five units are currently occupied, and one unit is actively listed for rent at $1,495 plus a utility reimbursement, providing immediate upside for an incoming investor. Recent improvements include a newer composition roof installed in 2022, updated interior flooring in select units, and a fresh exterior paint finish. The property offers 10 on-site parking spaces, additional street parking, and a shared utility room generating supplemental income through leased washer and dryer units. The complex is professionally managed and situated among similar rental properties, just minutes from a community park, shopping centers, and public transit—making it a consistently desirable location for tenants. With strong rental demand and additional income streams, this property is well-positioned for continued stable performance. Financials, including rent roll and proforma income summary, are available upon request.