3332 W Shields AVE #101 new

Fresno,CA 93722

$ 699000

10 Beds

8 Baths

4268 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,268 sqft

Price per Sqft $163

MLS Listing ID 630937

Bedrooms 10

Full Baths 8

HOA Y/N No

Year Built 1988

Lot Size 8,681 Sqft

Property Sub-Type Quadruplex

Property Description

Property Type: FourplexUnits:2 units with 3 bedrooms, 2 baths2 units with 2 bedrooms, 2 bathsParking: Each unit includes a 1-car garageAdditional Features:Washer/dryer hookupsSmall yard for each unitGated community for securityNew Roof, Exterior paintFences replacedLVP flooringFinancials:Monthly Rent Income: $4973(current rent) + Vacant unit (approximately $1550) = $6523Unit 101: Vacant -- 2 bed/2 bathUnit 102: $1563--2 bed /2 bathUnit 201: $1496 --3 bed /2 bath( tenant getting new RFTA to increase the rent)Unit 202: $1,914--3 bed/2 bathHOA Dues: $1,250/month (covers water, sewer, garbage, security, upkeep, landscaping etc.)Cash Flow: Positive cash flow from day of closing, as all units are rented.Market Comparison: Similar properties in the complex grossing around $6,800Housing Authority Payment Limits:3-Bed Voucher Maximum: $2,2802-Bed Voucher Maximum: $1,620Phone: 408.368.7071

Location

State CA

County Fresno

Interior

Cooling Central Heat/Cool

Fireplaces Type None

Exterior

Parking Features Garage,Carport

Garage Spaces 4.0

Utilities Available Public Utilities,Natural Gas Connected

Roof Type Composition

Building

Lot Description Urban

Story 2

Foundation Concrete Perimeter

Sewer On,Public Sewer

Water Public

Schools

High Schools Central Unified

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