1622 B Street, Fresno, California 93706, Fresno, - bed, bath

ACTIVE$500,000
1622 B Street, Fresno, California 93706
9Beds
3Baths
2,652Sqft
7,000Lot
Year Built
1984
Close
-
List price
$500K
Original List price
$500K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
FR25199229
Home ConditionFair
Features
View-
About this home
Welcome to B St. An income producing triplex in the heart of fresno. Fully rented out with long term tenants. Look no further for your next investment property. Call today to get started on, or to add to your investment portfolio. All triplexes to be sold together in package deal. Additional listings 1614 B St, 1624 B St, 1120 San Joaquin St, 1620 B St, 1636 B St.
Price History
Date
Event
Price
09/04/25
Listing
$500,000
Condition Rating
Fair
The property was built in 1984, making it 40 years old. While it appears maintained, the interior images, particularly the kitchen, show dated features. The kitchen has light wood cabinets, dark speckled countertops (likely laminate), and older black appliances (refrigerator, range, microwave) that are functional but not modern. The flooring throughout is a hardwood-look laminate or engineered wood. Light fixtures are basic flush mounts or dated ceiling fans. No bathroom images are provided, but based on the kitchen, they are likely similarly outdated. The overall condition suggests the home is aged but maintained through regular upkeep, with major components functional but showing signs of being outdated, fitting the 'Fair' category.
Pros & Cons
Pros
Established Income Stream: The property is an income-producing triplex that is fully rented out, providing immediate cash flow for an investor.
Stable Tenancy: Presence of long-term tenants indicates a stable income stream and potentially lower tenant turnover costs and vacancy rates.
Investment Portfolio Opportunity: Explicitly marketed as an investment property, ideal for starting or expanding a real estate portfolio.
Multi-Property Acquisition Potential: Available as part of a package deal with additional listings, offering a significant opportunity for a larger investor to scale their holdings.
Desirable Unit Configuration: With 9 beds and 3 baths across three units, each unit likely offers a 3-bedroom, 1-bathroom layout, which is a popular and rentable configuration.
Cons
Mandatory Package Deal: The requirement to purchase this triplex as part of a larger package deal significantly limits the potential buyer pool to only those seeking multiple properties.
Lack of Financial Transparency: The listing does not provide crucial financial details such as current rental income, operating expenses, or cap rate, making it difficult for investors to assess profitability without further inquiry.
Potential for Age-Related Maintenance: Built in 1984, the property is 40 years old, suggesting potential for deferred maintenance or the need for updates to systems (HVAC, plumbing, electrical) and cosmetic renovations to maximize rental value.

