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436 N Effie Street

Fresno, CA 93701
  • $625,000
  • STATUS: Active
  • ON SITE: 39 Days
  • ID#: 613865
UPDATED: 199 min ago
$625,000
  • 4
    BEDS
  • 0.25
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,372
    SQFT
  • $263
    $/SQFT
Neighborhood:
701
Type:
Multi-Family
Built:
1942
County:
Area:
701

School Information

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

Description

Introducing a charming 4-unit complex comprised of standalone cottage-style units, each boasting 1 bedroom and 1 bath. With its spacious lot, this property may hold potential for savvy investors to capitalize on by adding an ADU.The enticing rental rates make this property an attractive prospect for investors looking to bolster their real estate portfolio. Furthermore, it presents the option of leveraging residential financing, allowing buyers to reside in one unit while renting out the remaining three to offset expenses.Strategically positioned near Fresno Community Hospital, schools, and beloved local dining spots, this property offers convenience and accessibility for residents.We kindly request that you respect the privacy of our tenants by refraining from walking the grounds or disturbing occupants. For further information on this unique opportunity, please contact us today.

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© 2024 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: 2024-07-23T23:46:44.007.
www.yourfresnorealty.com/homes/151680379
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436 N Effie Street Fresno, CA 93701

  • Price: $625,000
  • Status: Active
  • On Site: 39 Days
  • Updated: 199 min ago
  • ID#: 613865
4
Beds
4
Baths
0
½ Baths
0.25
Acres
2,372
SQFT
$263
$/SQFT
1942
Built
Neighborhood:
701
County:
Fresno
Area:
701
Elementary School:
Yokomi
Middle School:
Tehipite
High School:
Roosevelt
School District:
Fresno Unified
Property Description
Introducing a charming 4-unit complex comprised of standalone cottage-style units, each boasting 1 bedroom and 1 bath. With its spacious lot, this property may hold potential for savvy investors to capitalize on by adding an ADU.The enticing rental rates make this property an attractive prospect for investors looking to bolster their real estate portfolio. Furthermore, it presents the option of leveraging residential financing, allowing buyers to reside in one unit while renting out the remaining three to offset expenses.Strategically positioned near Fresno Community Hospital, schools, and beloved local dining spots, this property offers convenience and accessibility for residents.We kindly request that you respect the privacy of our tenants by refraining from walking the grounds or disturbing occupants. For further information on this unique opportunity, please contact us today.
Exterior Features

Exterior Wood Parking CarportOne Space per Unit Region Urban Roofing Composition

Interior Features

Fireplace None Floor Wood Subfloor Heating And Cooling EvaporativeFloor or Wall Heat Refrigerator More than One Unit Stories One Stove More than One unit

Property Features

Annual Expense 12528.00 Annual Income 54420.00 Cross Street Address Fresno/Belmot Expenses Include ManagementMaintenance/Repair Gas And Electric Public Utilities Income Includes Unit RentMonth to MonthLeaseBoth Lease Type Net Lot Measurement SqFt Lot Size Source (Tax Records) Net Income 41892.00 Property Subtype1 Quadruplex Reo Or Bank Owned No Sale Options Total Parcel Only Sewer Water Public WaterPublic Sewer Square Footage Source Tax Records Tenant Pays ElectricityGasCable TV Terms ConventionalCash Transaction Type Sale

Listing provided courtesy of Paul Gestic of Fresno Income Properties: paul@fresnoincomeproperties.com;559-438-9410.


© 2024 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: 2024-07-23T23:46:44.007.
 
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