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Fresno,CA 93703
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID MD25018500
HOA Y/N No
Year Built 1954
Lot Size 8,498 Sqft
Lot Dimensions Public Records
Property Sub-Type Quadruplex
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
Zoning RM1
Interior
Interior Features Ceiling Fan(s)
Heating Wall Furnace
Cooling Evaporative Cooling,Wall/Window Unit(s)
Flooring Carpet,Tile,Wood
Fireplaces Type None
Fireplace No
Appliance Electric Range,Gas Range,Refrigerator
Laundry None
Exterior
Parking Features Assigned,Door-Single,Garage,Garage Faces Rear
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Curbs,Street Lights,Sidewalks
Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Roof Type Composition
Total Parking Spaces 3
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Architectural Style Ranch
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 44618211
Acceptable Financing Cash,Cash to New Loan,Conventional,FHA 203(b)
Listing Terms Cash,Cash to New Loan,Conventional,FHA 203(b)
Special Listing Condition Standard