1803 Mitchell Avenue, Selma, CA 93662
  • MLS#: FR25144213 ( Triplex )
  • Street Address: 1803 Mitchell Avenue
  • Viewed: 2
  • Price: $750,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1940
  • Bldg sqft: 0
  • Days On Market: 22
  • Additional Information
  • County: FRESNO
  • City: Selma
  • Zipcode: 93662
  • Provided by: Universal Lending and Realty, Inc.
  • Contact: Kyle Kyle
  • California Regional MLS IDX
  • DMCA Notice
  • 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 redevelop Existing Homes can be cleaned up & rented out fast All 3 house on city water. All 3 houses on septic tanks. City sewer at street, buyer to verify the cost & process to connect.
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Features
Building Area Total
  1. 1175.00
Commoninterest
  1. None
Common Walls
  1. No Common Walls
Cooling
  1. Central Air
  2. Evaporative Cooling
Country
  1. US
Electric Expense
  1. 0.00
Fireplace Features
  1. None
Fuel Expense
  1. 0.00
Garage Spaces
  1. 5.00
Heating
  1. Central
Insurance Expense
  1. 0.00
Laundry Features
  1. Inside
Levels
  1. One
Lot Features
  1. 2-5 Units/Acre
Netoperatingincome
  1. 50454.00
Parcel Number
  1. 39002066
Pool Features
  1. None
Postalcodeplus4
  1. 9604
Property Type
  1. Triplex
Sewer
  1. Private Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 441841941:CRM
Totalexpenses
  1. 0.00
Trash Expense
  1. 0.00
Water Sewer Expense
  1. 0.00
Water Source
  1. Public
Year Built
  1. 1940
Year Built Source
  1. Public Records