3307 E Fairmont Avenue

    Fresno, CA 93726
    • $549,000
    • STATUS: Active
    • ON SITE: 32 days
    • ID#: 519570
    Price Reduced
    UPDATED: 73 min ago
    $549,000
    • 12
      BEDS
    • 0.2
      ACRES
    • 6
      BATHS
    • 0
      1/2 BATHS
    • 4,750
      SQFT
    • $116
      $/SQFT
    Neighborhood:
    726
    Type:
    Multi-Family
    Built:
    1967
    County:
    Area:
    726

    School Information

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

    Description

    Fantastic Investment Opportunity close to Fresno State University. Very nice corner lot blocks away from Shaw Ave and First. All 6 UNITS are 2 bedroom/1bath and have a one car garage. Even though there's room to increase rental income, the CAP. RATE is about 7%. 5 units are currently occupied and one unit will be delivered rent-ready with the option of renting it before close of escrow. Market rent in the area: $850-$900

    Monthly Payment Calculator



    © 2019 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: 2019-04-20T21:46:36.383.
    www.realtorsoledad.com/homes/92800451

    3307 E Fairmont Avenue Fresno, CA 93726

    • Price: $549,000
    • Status: Active
    • Updated: 73 min ago
    • ID#: 519570
    12
    Beds
    6
    Baths
    0
    ½ Baths
    0.2
    Acres
    4,750
    SQFT
    $116
    $/SQFT
    1967
    Built
    Neighborhood:
    726
    County:
    Fresno
    Area:
    726
    Elementary School:
    Thomas
    Middle School:
    Tioga
    High School:
    Hoover
    School District:
    Fresno Unified
    Property Description
    Fantastic Investment Opportunity close to Fresno State University. Very nice corner lot blocks away from Shaw Ave and First. All 6 UNITS are 2 bedroom/1bath and have a one car garage. Even though there's room to increase rental income, the CAP. RATE is about 7%. 5 units are currently occupied and one unit will be delivered rent-ready with the option of renting it before close of escrow. Market rent in the area: $850-$900
    Exterior Features

    Exterior StuccoWoodBrick Parking GarageCovered Region Urban Roofing Other Site Amenities Corner

    Interior Features

    Fireplace None Floor Both Heating And Cooling Central Heat/Cool Stories One

    Property Features

    Annual Expense 13767.00 Annual Income 53280.00 Cross Street Address Fisher Ave Documents Available Profit & Loss Expenses Include GardenerGasElectricWaterSewerTaxes Gas And Electric Public Utilities Income Includes Unit Rent Lease Type Net Lot Measurement Sqft Net Income 39513.00 Property Subtype1 5 To 15 Units Reo Or Bank Owned No Sewer Water Public WaterPublic Sewer Square Footage Source Tax Records Tenant Pays ElectricityCable Tv Terms ConventionalCash Transaction Type Sale

    Listing provided courtesy of Ismael Aramburu of Ri California Realty.


    © 2019 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: 2019-04-20T21:46:36.383.
     
    RE/MAX Gold
    7050 N. Fresno St. Suite #204
    Fresno CA, 93720