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New owner will benefit by starting with a clean, well managed property where the rents are at current market value and the return is a respectable 7.6% CAP rate. Compare to other 4 plex rentals where the rents are stuck at below market rates and can only be increased incrementally.Quiet 4 plex with plenty of windows that provide much light in apartment, tall and beautiful trees surround property and also have fruit trees on property. Near shopping and transportation. Washer and dryer hook-ups, private and enclosed garage. Secure fencing also surrounds the entire property. Very nice and friendly neighbors.Total Bedroom Count is per Seller since Unit 3239 (Rear) has been modified to contain 4 bedrooms (2 with portable closets). Total square footage is per tax records, square footage in each unit is estimated. Buyer to verify.
Last Updated | 1/27/2025 | Year Built | 1954 |
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Community | Fresno | Garage Spaces | 3.0 |
County | Fresno |
Additional Details
AIR | Evaporative Cooling, Wall/Window Unit(s) |
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AIR CONDITIONING | Yes |
APPLIANCES | Electric Range, Gas Range, Refrigerator |
AREA | Fresno |
CONSTRUCTION | Stucco |
GARAGE | Assigned, Door-Single, Garage, Garage Faces Rear, Yes |
HEAT | Wall Furnace |
HOA DUES | 0 |
INTERIOR | Ceiling Fan(s) |
LOT | 8499 sq ft |
LOT DESCRIPTION | 2-5 Units/Acre |
LOT DIMENSIONS | 60 x 140 |
PARKING | Assigned,Door-Single,Garage,Garage Faces Rear |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 1 |
STYLE | Ranch |
UTILITIES | Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected, Electric: 220 Volts in Kitchen |
WATER | Public |
ZONING | RM1 |
Location
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