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4348 E Fairfax Avenue

Fresno, CA 93703
  • $415,000
  • STATUS: Active
  • ON SITE: 142 Days
  • ID#: 581678
$415,000
  • 4
    BEDS
  • 0.22
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,772
    SQFT
  • $150
    $/SQFT
Neighborhood:
703
Type:
Multi-Family
Built:
1955
County:
Area:
703

School Information

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

Description

Seller to give a $5000 credit PER UNIT for remodeling!!Nice fourplex for sale with a good cap rate of approx. 7.4. All units are rented with long term renters. Rents can be raised before the end of the year for an even better cap. rate. 3 of the units have been remodeled in the last couple years.

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© 2022 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: 2022-12-07T23:46:44.337.
www.yourfresnorealty.com/homes/131008044
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4348 E Fairfax Avenue Fresno, CA 93703

  • Price: $415,000
  • Status: Active
  • On Site: 142 Days
  • ID#: 581678
4
Beds
4
Baths
0
½ Baths
0.22
Acres
2,772
SQFT
$150
$/SQFT
1955
Built
Neighborhood:
703
County:
Fresno
Area:
703
Elementary School:
Norseman
Middle School:
Yosemite
High School:
Mclane
School District:
Fresno Unified
Property Description
Seller to give a $5000 credit PER UNIT for remodeling!!Nice fourplex for sale with a good cap rate of approx. 7.4. All units are rented with long term renters. Rents can be raised before the end of the year for an even better cap. rate. 3 of the units have been remodeled in the last couple years.
Exterior Features

Exterior Stucco Region Urban Roofing Composition

Interior Features

Dishwasher None Disposal All Units Fireplace None Floor Concrete Perimeter Heating And Cooling Evaporative Refrigerator All Units Stories One Stove All Units

Property Features

Annual Expense 4783.00 Annual Income 34426.00 Cross Street Address Mckinley Documents Available Profit & Loss Expenses Include Maintenance/Repair Gas And Electric Public Utilities Income Includes Unit Rent Lease Type Net Lot Measurement Sqft Lot Size Source (Tax Records) Net Income 29643.00 Property Subtype1 Quadruplex Reo Or Bank Owned No Sewer Water Public WaterPublic Sewer Square Footage Source Tax Records Tenant Pays ElectricityGasCable Tv Terms ConventionalCash Transaction Type Sale Unique Conditions 1031 Exchange

Listing provided courtesy of Norman Schendel of Suite One Real Estate Services: 559-442-4141.


© 2022 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: 2022-12-07T23:46:44.337.
 
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