For more information on this property,
contact Fresno Income Properties - Paul Gestic at 559-438-9410 or pgestic@gmail.com
3105
E
Clinton Avenue,
Fresno,
California
CA
93703-2358
Sold For: $460,000
Listing ID 586686
Status Sold
Bedrooms 5
Total Baths 4
SqFt 3,306
Acres 0.280
Year Built 1950
Property Description:
Cash flowing 4 plex on a large corner lot in the heart of Mayfair! This property is projected to produce monthly rents over $4100/month! This property has been well cared for by the current owner and will make a great investment for the next buyer. All leases are month to month. This property has the opportunity to be purchased by an owner-occupant who desires to live in the newly updated unit. There are value add opportunities including renting the garages, raising rents to market value and adding coin-op laundry machines for the tenants to use. Please do not walk the grounds or disturb the tenants, call your real estate agent for more information.Current Unit Mix:2404 - 2bed/1bath - $1400/month - 1200 Sqft3105 - 1bed/1bath - $806/month - 740 Sqft3107 - 1bed/1bath - $806/month - 740 Sqft3109 - 1bed/1bath - $1095/month (Projected) - 740 Sqft
Primary Features
County:
Fresno
Price Reduction Date:
2023-01-20T00:04:45+00:00
Property Sub Type:
Quadruplex
Property Type:
Multi-Family
Year Built:
1950
Interior
Fireplace:
None
Floor:
Concrete Perimeter
Heating/Cooling:
Central Heat/Cool, Evaporative, Floor or Wall Heat, Window or Wall A/C
Stories:
One
External
Exterior:
Stucco
Garage Spaces:
3
Gas & Electric:
Public Utilities
Lot Measurement:
SqFt
Lot Square Footage:
12180
Parking:
Carport, Covered
Roofing:
Composition
Sewer/Water:
Public Water, Public Sewer
Site Amenities:
Corner
Yard:
Sprinkler - Front, Sprinkler - Auto, Mature Landcsape
Location
APN:
44529112
Area:
703
Cross Street Address:
First St.
Directions:
Property is located on the NE Corner of Clinton and First
FIPS Code:
19
School District:
Fresno Unified
School Name 1:
McLane
School Name 2:
Scandinavian
School Name 3:
Birney
School Type 1:
High School
School Type 2:
Junior High School
School Type 3:
Grade School
Additional
Association:
Fresno MLS
Cumulative Days On Market:
101
Days On Market:
101
Documents Available:
Profit & Loss
Facilities:
Play Yard
Lot Size Source:
(Tax Records)
Property Disclaimer:
Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.
Special Features:
Extra Storage, Security Gate
Square Footage Source:
Tax Records
Total Buildings:
1
Total Units:
4
Financial
Agreement Type:
Exclusive Right To Sell
Annual Expense:
29192
Annual Income:
45456
Expenses Include:
Management, Gardener, Maintenance/Repair, Insurance, Accounting/Legal, License/Ads, Gas, Electric, Water, Sewer, Taxes, Vacancy Factor
Income Includes:
Unit Rent, Other, Month to Month
Lease Type:
Net
Net Income:
16264
Price Per Acre:
1645207.44
Price Per Square Foot:
139.14
REO/Bank Owned:
no
Sale/Options:
Total Parcel Only
Sources of Income/Expenses:
Owner, Property Manager
Tenant Pays:
Electricity, Gas, Cable TV
Terms:
Government, Conventional, Cash
Transaction Type:
Sale
Unique Conditions:
1031 Exchange
Zoning Info
Area Info
Contact - Listing ID 586686
Fresno Income Properties - Paul Gestic
7575 N. Del Mar Avenue, Suite 102
Fresno, CA 93711
Phone: 559-438-9410
Data services provided by IDX Broker
