1644 B Street, Fresno, California 93706, Fresno, - bed, bath
ACTIVE$500,000
1644 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
FR25199234
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, 1120 San Joaquin St, 1622 B St, 1620 B St, 1636 B St.
Price History
Date
Event
Price
09/04/25
Listing
$500,000
Condition Rating
Fair
The property, built in 1984, is 40 years old. While appearing maintained with decent flooring and clean walls, the interior shows significant signs of being outdated. The kitchen features dated light wood cabinets, laminate countertops, and older black appliances. Light fixtures are basic and not modern. There's no evidence of recent extensive renovations, aligning with a property that is aged but maintained through regular upkeep, requiring minor updates to meet current aesthetic standards.
Pros & Cons
Pros
Guaranteed Income Stream: The property is explicitly described as an 'income producing triplex' and 'Fully rented out,' ensuring immediate cash flow for an investor.
Tenant Stability: The presence of 'long term tenants' suggests a stable occupancy history, reducing turnover costs and vacancy risks.
Multi-Unit Investment: As a triplex, it offers diversified income from multiple units, potentially providing a more robust return profile than a single-unit rental.
Clear Investment Focus: The listing directly targets investors, positioning it as an ideal addition to an 'investment portfolio.'
Scalable Portfolio Opportunity: Being part of a 'package deal' with other triplexes allows for a larger, more efficient acquisition for serious investors looking to expand their portfolio.
Cons
Mandatory Bulk Purchase: The requirement to buy 'All triplexes to be sold together in package deal' significantly restricts the buyer pool and demands a higher capital outlay.
Limited Financial Disclosure: The absence of specific rental income, expense, or cap rate information makes it challenging for investors to accurately assess profitability without further due diligence.
Age-Related Maintenance Concerns: Built in 1984, the property is 40 years old, implying potential for aging systems and components that may require significant capital expenditures for repairs or upgrades in the near future.