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$ 485,000
Est. payment | /mo
4 Beds
4 Baths
2,555 SqFt
$ 485,000
Est. payment | /mo
4 Beds
4 Baths
2,555 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,555 sqft
Price per Sqft $189
MLS Listing ID 655872
Bedrooms 4
Full Baths 4
HOA Y/N No
Year Built 1954
Lot Size 8,398 Sqft
Property Sub-Type Quadruplex
Property Description
This single-story fourplex is a solid, easy-to-manage income property in Fresno's established McLane neighborhood. The property is one story with 4 units, totaling 4 beds and 4 baths across 2,555 sq. ft. on an 8,400 sq. ft. lot. The building is on the east side of First Street, just south of Clinton Avenue, between two other 4-plexes. That puts it in a proven rental corridor where multifamily is the norm. The operating structure keeps costs low: tenants pay their own electricity and gas, with ownership covering management, landscaping, repairs, insurance, water, and sewer. The one-level layout means no stairs and fewer common areas to maintain. Do not disturb tenants, make offers subject to interior inspection, one unit vacant at time of listing, Ideal for first-time multifamily investors, 1031 exchange buyers looking for a manageable Central Valley asset, or owner-users who want to live in one unit and rent the other three.
Location
State CA
County Fresno
Interior
Heating Floor or Wall Heat
Cooling Evaporative Cooling
Fireplaces Type None
Exterior
Garage Spaces 4.0
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 99 Properties Inc.
NEARBY SCHOOL & BUSINESS