5
See all 5 photos
$1,425,000
Est. payment /mo
3 Beds
2 Baths
1,591 SqFt
New
3304 N Howard AVE Fresno, CA 93726
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,591 sqft
Price per Sqft $895
MLS Listing ID 654927
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1953
Lot Size 6,564 Sqft
Property Sub-Type Multi Family
Property Description
I am pleased to present a unique investment opportunity featuring a portfolio of 5 single-family homes with separate APN numbers for sale.Portfolio Highlights: - Property Mix: Includes one 3 bed/2 bath home, three 4 bed/2 bath homes, and one 5 bed/2 bath home. - Occupancy: A combination of 3 long-term occupied homes (tenants residing 8-15 years on month-to-month leases) and 2 recently vacant homes. - Upside Potential: Current rents are below market value and due for an increase. A fully occupied proforma yields a projected 6.70% cap rate. - Tenant Responsibilities: Residents cover PG&E, trash, sewer, water, and personal expenses.The seller also owns similar occupied investment properties and is open to further discussion. Please inquire if you are interested in expanding your portfolio.Proforma and a complete list of expenses will be provided upon acceptance of an offer. Please do not disturb the tenants, and submit all offers subject to inspection.
Location
State CA
County Fresno
Interior
Cooling Central Heat/Cool
Fireplaces Type One Unit
Exterior
Parking Features Garage, Open, More than One Space
Garage Spaces 1.0
Community Features Utility Room
Utilities Available Public Utilities, Natural Gas Connected
Roof Type Composition
Building
Lot Description Urban
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Schools
High Schools Fresno Unified
Listed by Fresno Income Properties
NEARBY SCHOOL & BUSINESS
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