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3233 E Normal Avenue

Fresno, CA 93703
  • $665,000
  • STATUS: Active
  • ON SITE: 13 Days
  • ID#: 624400
UPDATED: 52 min ago
$665,000
  • 7
    BEDS
  • 0.19
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,838
    SQFT
  • $234
    $/SQFT
Neighborhood:
703
Type:
Multi-Family
Built:
1954
County:
Area:
703

School Information

Elementary School:
Middle School:
High School:
School District:

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.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.

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© 2025 Fresno Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2025-02-10T06:46:36.297.
www.yourfresnorealty.com/homes/159756265
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3233 E Normal Avenue Fresno, CA 93703

  • Price: $665,000
  • Status: Active
  • On Site: 13 Days
  • Updated: 52 min ago
  • ID#: 624400
7
Beds
4
Baths
0
½ Baths
0.19
Acres
2,838
SQFT
$234
$/SQFT
1954
Built
Neighborhood:
703
County:
Fresno
Area:
703
Elementary School:
Birney
Middle School:
Scandinavian
High School:
Mclane
School District:
Fresno Unified
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.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.
Exterior Features

Exterior Stucco Parking One Space per UnitMore than One Space Region Urban Roofing Composition Yard Sprinkler - FrontSprinkler - BackSprinkler - AutoFencedMature Landcsape

Interior Features

Dishwasher One Unit Disposal One Unit Fireplace None Floor Wood Subfloor Heating And Cooling EvaporativeFloor or Wall HeatWindow or Wall A/C Refrigerator All Units Stories One Stove All units

Property Features

Annual Expense 9240.00 Annual Income 60060.00 Cross Street Address N/McKinley E/First Expenses Include GardenerMaintenance/RepairInsuranceWaterSewerTaxes First Loan Type Non-Assumable Gas And Electric Public Utilities Income Includes Unit RentLease Lease Type Net Lot Measurement SqFt Lot Size Source (Tax Records) Net Income 50820.00 Property Subtype1 Quadruplex Reo Or Bank Owned No Sale Options Total Parcel Only Sewer Water Public Water Special Features Private PatiosLaundry in Each Unit Square Footage Source Tax Records Tenant Pays ElectricityGasCable TV Terms GovernmentConventionalCash Transaction Type Sale

Listing provided courtesy of Kenneth Neufeld of London Properties, Ltd.: info@londonproperties.com;559-436-4000.


© 2025 Fresno Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2025-02-10T06:46:36.297.
 
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