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$ 628,000
Est. payment | /mo
8 Beds
4 Baths
3,722 SqFt
$ 628,000
Est. payment | /mo
8 Beds
4 Baths
3,722 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,722 sqft
Price per Sqft $168
MLS Listing ID 622725
Bedrooms 8
Full Baths 4
HOA Y/N No
Year Built 1969
Lot Size 5,998 Sqft
Property Description
Fully occupied turnkey FOURPLEX! Three of the units are 2 bedrooms and 1 bathroom and have been renovated within the past 2 years, one unit has an extra half bathroom. Each unit has a single car garage and is separately metered for PG&E. Landlord is responsible for the City of Fresno utilities which include water, sewer, and trash. Laundry room is currently not in use but has all hook ups for washer and dryer to potentially generate additional income. Roof was last replaced approximately 15 years ago and one of the HVAC units was recently replaced. Current scheduled gross rents total $5,690/month. At asking, property performs at a 9.2 GRM and approximately 8.17% cap rate. Please DO NOT walk the grounds or disturb tenants, write offers subject to interior inspections.
Location
State CA
County Fresno
Interior
Cooling Central Heat/Cool
Fireplaces Type None
Exterior
Parking Features Garage
Garage Spaces 4.0
Utilities Available Public Utilities
Roof Type Composition
Building
Lot Description Suburban
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Schools
High Schools Fresno Unified
Listed by Jin Jeffrey Kim, Broker
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "