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$ 479,000
Est. payment | /mo
8 Beds
4 Baths
2,700 SqFt
$ 479,000
Est. payment | /mo
8 Beds
4 Baths
2,700 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
Square Footage 2,700 sqft
Price per Sqft $177
MLS Listing ID 655160
Bedrooms 8
Full Baths 4
HOA Y/N No
Year Built 1965
Lot Size 6,250 Sqft
Property Sub-Type Quadruplex
Property Description
Investment opportunity in Fresno with significant rental upside. This fourplex features four 2-bedroom, 1-bath units totaling approximately 2,700 square feet. Built in 1965, the property offers an opportunity for an investor looking to add value, reposition rents, and build long-term rental income.Comparable 2-bedroom rentals in the surrounding area rent for significantly more than this property's current rents, creating an opportunity for an investor to increase rental income and maximize the property's long-term value.Offered at $479,000, this multifamily property may appeal to local rental property investors, value-add buyers, and 1031 exchange buyers looking for an income-producing real estate opportunity with room for future growth.Property has deferred maintenance and is being sold in its present condition. Please do not disturb tenants. Make offer subject to interior inspection. Buyer to verify rents, expenses, property condition, and potential rental income.
Location
State CA
County Fresno
Interior
Cooling Central Heat/Cool
Fireplaces Type None
Exterior
Parking Features Carport
Utilities Available Public Utilities
Roof Type Composition
Building
Lot Description Urban
Story 1
Foundation Concrete Perimeter
Water Public
Schools
High Schools Fresno Unified
Listed by London Properties, Ltd.
NEARBY SCHOOL & BUSINESS