$948,800
3345 E Fairmont AVE Fresno, CA 93726
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$948,800
Est. payment /mo
4,800 SqFt
UPDATED:
11/02/2024 04:43 PM
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,800 sqft
Price per Sqft $197
MLS Listing ID ML81971613
HOA Y/N No
Year Built 1966
Annual Tax Amount $12,000
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
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Garage Carport
Carport Spaces 6
View Y/N No
Roof Type Tar/Gravel
Accessibility Other
Building
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Schools
Elementary Schools Other
Middle Schools Other
High Schools Other
School District Fresno Unified
Others
Tax ID 42707224
Special Listing Condition Standard
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Listed by Michael Mendoza • Broker's Network Inc
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