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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