3345 E Fairmont AVE Active

Fresno,CA 93726

$ 948800

- Bed

- Bath

4800 SqFt


Key Details

Property Type Multi-Family

Sub Type Multiple Dwellings / Structures

Listing Status Active

Purchase Type For Sale

Square Footage 4,800 sqft

Price per Sqft $197

MLS Listing ID ML81971613

Year Built 1966

Lot Size 8,820 Sqft

Property Description

3345 E. Fairmont is a 6 units apartment building consisting of 2/1 with a total of 12 Bed and 6 bathrooms. Each unit is approx. 700 SF. The current rent is $6,500 per month. Proforma $78,000 per year and annual expense of $33,000 with an NOI of $43,560.00. The cap rate is 4.5%. There are several leases expiring so there is room for rent increase. RUBS is also being implemented which will help increase the income for the investor/ 3 out of 6 units were fully renovated 2 years ago.

Location

State CA

County Fresno

Zoning Multi-family

Interior

Heating Gas

Cooling Window / Wall Unit

Exterior

Garage Carport

Utilities Available Public Utilities

Roof Type Tar and Gravel

Building

Story 2

Foundation Concrete Slab

Sewer Sewer - Public

Water Public

Level or Stories 2

Others

Tax ID 427-072-24

Security Features None

Horse Property No

Special Listing Condition Not Applicable

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