Fresno, CA 93722,3374 W Shields Avenue
Fresno, CA 93722,3374 W Shields Avenue
Fresno, CA 93722,3374 W Shields Avenue
Fresno, CA 93722,3374 W Shields Avenue
Fresno, CA 93722,3374 W Shields Avenue
Fresno, CA 93722,3374 W Shields Avenue
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$ 725,000
Est. payment | /mo

10 Beds

10 Baths

4,328 SqFt


$ 725,000
Est. payment | /mo

10 Beds

10 Baths

4,328 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,328 sqft

Price per Sqft $167

MLS Listing ID 620987

Bedrooms 10

Year Built 1990

Lot Size 10,890 Sqft

Property Description

Property Type: Fourplex (units designed like townhouses)Units:2 units with 3 bedrooms, 2.5 baths2 units with 2 bedrooms, 2.5 bathsParking: Each unit includes a 1-car garageAdditional Features:Washer/dryer hookupsSmall yard for each unitCommunity poolGated community for securityFinancials:Monthly Rent Income: $6,953 (current rent)Unit 101: $1,874--3 bed/2.5 bathUnit 102: $1,570--2 bed /2.5 bathUnit 103: $1,545--2 bed /2.5 bathUnit 104: $1,964--3 bed/2.5 bathHOA Dues: $1,150/month (covers water, sewer, garbage, security, upkeep, landscaping, pool maintenance, etc.)Cash Flow: Positive cash flow from day of closing, as all units are rented.Market Comparison: Similar properties in the complex grossing around $6,352.Housing Authority Payment Limits:3-Bed Voucher Maximum: $2,2802-Bed Voucher Maximum: $1,620Sale Conditions:The sale is contingent upon the seller finding and securing approval for a replacement property. If the seller does not find a suitable property, they retain the right to cancel the sale.Viewing Information:Interior Pictures: Not available due to tenant privacy. Interior pictures posted are when units were vacant Drive-by only until open house.Open House: Date and time to be announced.Note:This property offers a great opportunity for investors looking for immediate rental income in a secure, well-maintained community. Please submit your offer subject to inspections

Location

State CA

County Fresno

Area 722

Interior

Heating Central Heat/Cool, Central Heat, Central Cooling

Cooling Central Heat/Cool, Central Heat, Central Cooling

Flooring Concrete Perimeter

Fireplaces Type None

Exterior

Exterior Feature Wood

Garage Garage, Carport

Garage Spaces 4.0

Roof Type Composition

Building

Story Two

Sewer Public Water, Public Sewer

Water Public Water, Public Sewer

Schools

Elementary Schools Mckinley

Middle Schools El Capitan

High Schools Central

School District Central Unified

Fresno MLS (Fresno)
Listed by Puneet Bhargava • Realty Concepts, Ltd. - Clovis
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41851 Tollhouse Rd, Shaver Lake, CA, 93664, USA

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