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3468 S Frank Avenue

Fresno, CA 93725
  • $549,000
  • STATUS: Active
  • ON SITE: 9 Days
  • ID#: 579830
$549,000
  • 5
    BEDS
  • 0.34
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 2,340
    SQFT
  • $235
    $/SQFT
Neighborhood:
725
Type:
Multi-Family
Built:
1958
County:
Area:
725

School Information

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

Description

Great opportunity to own 5 individual rental properties! These freshly painted, individual houses are located on a 15,000 sqft corner lot, minutes away from FWY 99. Each property is approximately 468sqft, each with 1 bedroom & 1 bath. Potential rent income from Section 8 is $1085 per house, totaling $5425 per month, $65,100 per year. Current rents are below market rate. Also near Malaga Community Park & Recreation Center which has pool, soccer field and play ground. Currently all units are occupied. Make a contingency offer subject to inspection.

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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: 2022-06-25T23:46:49.403.
www.greathomesinfresno.com/homes/129940781
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3468 S Frank Avenue Fresno, CA 93725

  • Price: $549,000
  • Status: Active
  • On Site: 9 Days
  • ID#: 579830
5
Beds
5
Baths
0
½ Baths
0.34
Acres
2,340
SQFT
$235
$/SQFT
1958
Built
Neighborhood:
725
County:
Fresno
Area:
725
Elementary School:
Malaga
Middle School:
Sutter
High School:
Fowler
School District:
Fowler Unified
Property Description
Great opportunity to own 5 individual rental properties! These freshly painted, individual houses are located on a 15,000 sqft corner lot, minutes away from FWY 99. Each property is approximately 468sqft, each with 1 bedroom & 1 bath. Potential rent income from Section 8 is $1085 per house, totaling $5425 per month, $65,100 per year. Current rents are below market rate. Also near Malaga Community Park & Recreation Center which has pool, soccer field and play ground. Currently all units are occupied. Make a contingency offer subject to inspection.
Exterior Features

Exterior Wood Parking Uncovered Region Urban Roofing Composition Site Amenities Corner Yard Mature Landcsape

Interior Features

Fireplace None Floor Wood Subfloor Heating And Cooling Floor Or Wall HeatWindow Or Wall A/C Refrigerator All Units Stories One Stove All Units

Property Features

Annual Expense 0.00 Annual Income 5425.00 Cross Street Address Chestnut & Central Expenses Include None First Loan Type Non-Assumable Gas And Electric Public Utilities Income Includes Month To MonthLease Lease Type Net Lot Measurement Sqft Lot Size Source (Tax Records) Net Income 0.00 Property Subtype1 5 To 15 Units Reo Or Bank Owned No Second Loan Type Non-Assumable Sewer Water Public WaterPublic Sewer Special Features Laundry in Each Unit Square Footage Source Seller Tenant Pays ElectricityGas Terms ConventionalCash Transaction Type Sale Unique Conditions 1031 Exchange

Listing provided courtesy of Judy Rangel-Ramos of Coldwell Banker Residential Brokerage.


© 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: 2022-06-25T23:46:49.403.
 
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Raymer Realty Group | Lion Real Estate
7945 N Blackstone Ave
Fresno CA, 93720