3345 E Fairmont AVE,  FRESNO  (93726)

$998,888

0 bedrooms 0   0 bathrooms 0   4800 square feet 4,800
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Listed By: Michael Mark Mendoza of Broker's Network Inc (4086398285)

PROPERTY DETAILS

Address: view address
FRESNO, CA 93726
Map Location
Features: Multi-level
Square Feet:4,800 sq.ft.Year Built:1966
Property Type:Multiple Dwellings / StructuresCounty:Fresno
List Date:2024-07-01Listing Number:ML81971613

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.

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Interior

Cooling & Heating

Cooling features:Wall/Window Unit(s)Heating features:Natural Gas
Heating:Yes

Exterior

Exterior and Lot

Foundation details:SlabRoof:Tar/Gravel

Property and Lot Details

Other

Sewer:Public Sewer

Schools

Elementary School:Thomas ElementaryMiddle or Junior School:Tioga Middle
High School:Herbert Hoover High

Building Information

Year Built:1966Stories:2

Construction

Building Area total:4800.0

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

Loading Data...

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Listed By: Michael Mark Mendoza of Broker's Network Inc (4086398285)