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3105 E Clinton Avenue

Fresno, CA 93703
  • $525,000
  • STATUS: Active
  • ON SITE: 32 Days
  • ID#: 586686
Price Reduced
UPDATED: 52 min ago
$525,000
  • 5
    BEDS
  • 0.28
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,306
    SQFT
  • $159
    $/SQFT
Neighborhood:
703
Type:
Multi-Family
Built:
1950
County:
Area:
703

School Information

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

Description

Cash flowing 4 plex on a large corner lot in the heart of Mayfair! This property is projected to produce monthly rents over $4100/month! This property has been well cared for by the current owner and will make a great investment for the next buyer. All leases are month to month. This property has the opportunity to be purchased by an owner-occupant who desires to live in the newly updated unit. There are value add opportunities including renting the garages, raising rents to market value and adding coin-op laundry machines for the tenants to use. Please do not walk the grounds or disturb the tenants, call your real estate agent for more information.Current Unit Mix:2404 - 2bed/1bath - $1400/month - 1200 Sqft3105 - 1bed/1bath - $806/month - 740 Sqft3107 - 1bed/1bath - $806/month - 740 Sqft3109 - 1bed/1bath - $1095/month (Projected) - 740 Sqft

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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: 2022-11-28T06:46:45.007.
www.greathomesinfresno.com/homes/134277353
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3105 E Clinton Avenue Fresno, CA 93703

  • Price: $525,000
  • Status: Active
  • On Site: 32 Days
  • Updated: 52 min ago
  • ID#: 586686
5
Beds
4
Baths
0
½ Baths
0.28
Acres
3,306
SQFT
$159
$/SQFT
1950
Built
Neighborhood:
703
County:
Fresno
Area:
703
Elementary School:
Birney
Middle School:
Scandinavian
High School:
Mclane
School District:
Fresno Unified
Property Description
Cash flowing 4 plex on a large corner lot in the heart of Mayfair! This property is projected to produce monthly rents over $4100/month! This property has been well cared for by the current owner and will make a great investment for the next buyer. All leases are month to month. This property has the opportunity to be purchased by an owner-occupant who desires to live in the newly updated unit. There are value add opportunities including renting the garages, raising rents to market value and adding coin-op laundry machines for the tenants to use. Please do not walk the grounds or disturb the tenants, call your real estate agent for more information.Current Unit Mix:2404 - 2bed/1bath - $1400/month - 1200 Sqft3105 - 1bed/1bath - $806/month - 740 Sqft3107 - 1bed/1bath - $806/month - 740 Sqft3109 - 1bed/1bath - $1095/month (Projected) - 740 Sqft
Exterior Features

Exterior Stucco Facilities Play Yard Parking CarportCovered Region Urban Roofing Composition Site Amenities Corner Yard Sprinkler - FrontSprinkler - AutoMature Landcsape

Interior Features

Fireplace None Floor Concrete Perimeter Heating And Cooling Central Heat/CoolEvaporativeFloor Or Wall HeatWindow Or Wall A/C Stories One

Property Features

Annual Expense 29192.00 Annual Income 45456.00 Cross Street Address First St. Documents Available Profit & Loss Expenses Include ManagementGardenerMaintenance/RepairInsuranceAccounting/LegalLicense/AdsGasElectricWaterSewerTaxesVacancy Factor Gas And Electric Public Utilities Income Includes Unit RentOtherMonth To Month Lease Type Net Lot Measurement Sqft Lot Size Source (Tax Records) Net Income 16264.00 Property Subtype1 Quadruplex Reo Or Bank Owned No Sale Options Total Parcel Only Sewer Water Public WaterPublic Sewer Special Features Extra StorageSecurity Gate Square Footage Source Tax Records Tenant Pays ElectricityGasCable Tv Terms GovernmentConventionalCash Transaction Type Sale Unique Conditions 1031 Exchange

Listing provided courtesy of Jeffrey Zimmerman of Realty Concepts, Ltd.: info@realtyconcepts.com;559-490-1500.


© 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: 2022-11-28T06:46:45.007.
 
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Raymer Realty Group | Lion Real Estate
7945 N Blackstone Ave
Fresno CA, 93720