Active
3374 W Shields Avenue
Fresno CA, 93722
$725,000
$167.51 per sqft
Active
10 Beds
10 Baths
4,328 sqft
Multi-family
Built in 1990
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
620987
MLSⓇ ID
November 1, 2024
Listed
November 22, 2024
Updated
Map
3374 W Shields Avenue
Fresno CA, 93722
Interior Features
Total Stories
2
Bedrooms
10
Total Bathrooms
10
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Central Heat/Cool, Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.25 Acres
Exterior Features
Urban
Lot Features
Urban
Roof
Composition
Sewer
Public Sewer
School Information
School District
Central Unified
Other Property Details
Area Name
722
Garage
Yes
Garage Spaces
4
Parking
Garage, Carport
View
No
County
Fresno
Water Source
Public
Pool
No
Listed by Realty Concepts, Ltd. - Clovis, Puneet Bhargava,
Listing Contact: 559-274-7025
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 11/22/2024 9:58 PM UTC.
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