Active

337 N Effie Street # 101

Fresno CA, 93701

$595,000


$225.89 per sqft

Active

10 Beds

4 Baths

2,634 sqft

Multi-family

Built in 2007

Exceptional Investment Opportunity - High ROI & Passive Income!This well-maintained duplex at 337 N Effie in Fresno offers an incredible dual-income potential with two spacious units, each featuring 5 bedrooms and 2 baths. Both units have 1 car garage. Which makes it more desirable for tenants.🔹 Rental-Ready! Both units are currently being painted and will be rented soon.🔹 Tenants Cover Utilities! Separate water meters with tenants paying for water, sewer, and garbage--- major investor advantage.🔹 Washer & Dryer Hookups! An added feature that increases tenant desirability.🔹 Strong Cash Flow! With the 2024 Fresno Housing Authority Payment Standards allowing $2,975 per unit, this property offers a projected rental income of $5,950/month.📍 Prime Location!Near Community Regional Medical Center & Downtown FresnoApproximately mile from Hwy 41 for easy commutingClose to shopping, restaurants, and the vibrant Tower Districthome to some of Fresno's best dining and entertainmentCompetitively priced with strong cap rates, this is a must-have asset for investors seeking high returns and long-term appreciation.📞 Contact your agent today for more details!

622603

MLS ID

December 13, 2024

Listed

March 9, 2025

Updated

Interior Features

Total Stories

2


Bedrooms

10


Total Bathrooms

4


Fireplace

No


Fireplace Description

None


Cooling

Yes


Cooling Description

Central Heat/Cool


Heating

Yes

Exterior/Building Features

Lot Size

0.17 Acres


Lot Features

Urban


Roof

Composition


Sewer

On, Public Sewer

School Information

School District

Fresno Unified

Other Property Details

Area Name

701


Garage

Yes


Garage Spaces

2


View

No


County

Fresno


Water Source

Public


Utilities

Public Utilities

Listing History

Date

Event

Price

2/6/2025

Price change

$595,000

-8%

Listed by Realty Concepts, Ltd. - Clovis, Kyle Chaney,
Listing Contact: 559-288-9346 

All properties are subject to prior sale, change or withdrawal. 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. The information being provided is 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. Data last updated 3/9/2025 9:35 AM UTC.

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