$370,000
$399,950
7.5%For more information regarding the value of a property, please contact us for a free consultation.
707 E Shields AVE Fresno, CA 93704
6 Beds
2 Baths
1,809 SqFt
Key Details
Sold Price $370,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,809 sqft
Price per Sqft $204
MLS Listing ID 617600
Sold Date 12/24/24
Bedrooms 6
Full Baths 2
HOA Y/N No
Year Built 1954
Lot Size 10,018 Sqft
Property Description
Tower District - Duplex Investment Opportunity ! Discover this versatile live / work duplex, offering two well-appointed units, each with 3 bedrooms, 1 bathroom, and separately metered. The property features a spacious garage with convenient laundry hook ups and a large yard. Both units are currently occupied by a single tenant, who is month to month for $2,150/month NNN + $150 Tax & Insurance reimbursements ($2,300 total monthly). The NNN reimbursements gets readjusted annually or when a new lease is signed providing positive cash flow for the future. Proforma market rent is $1,850 per unit + NNN. Offers subject to inspection, do not disturb tenant. This is a rare chance to secure a strong investment with room for growth. Offers are subject to inspection - please respect the tenant's privacy and do not disturb.
Location
State CA
County Fresno
Interior
Cooling Central Heat/Cool
Fireplaces Type All Units
Appliance Stove: All units
Exterior
Parking Features Garage
Garage Spaces 2.0
Utilities Available Public Utilities
Roof Type Composition
Building
Lot Description Urban, Corner Lot
Story 1
Foundation Wood Subfloor
Sewer Public Sewer
Water Public
Schools
High Schools Fresno Unified
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