$948,800
3345 E Fairmont AVE Fresno, CA 93726
Save Share
Schedule a Tour
2
See all 2 photos
$948,800
Est. payment /mo
4,800 SqFt
Price Dropped by $40K
3345 E Fairmont AVE Fresno, CA 93726
UPDATED:
11/02/2024 04:19 PM
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
© 2024 MLSListings Inc. All rights reserved.
Listed by Michael Mendoza • Broker's Network Inc
GET MORE INFORMATION
