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Fresno,CA 93703
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRMD25018500
Style Ranch
Year Built 1954
Lot Size 8,499 Sqft
Property Sub-Type Fourplex
Property Description
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. 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.
Location
State CA
County Fresno
Area Fsno - Fresno
Rooms
Kitchen Oven Range - Electric,Oven Range - Gas,Refrigerator
Interior
Heating Wall Furnace
Cooling Evaporative Cooler,Window / Wall Unit
Laundry None
Exterior
Parking Features Assigned Spaces,Garage
Garage Spaces 3.0
Pool None
Roof Type Composition
Building
Story One Story
Water District - Public
Others
Special Listing Condition Not Applicable