3233 E Normal
Fresno, CA 93703
0.20 acres | #MD25018500
Description
New owner will benefit by starting with a clean, well managed property where the rents are at current market value and the return is a respectable 7.6% CAP rate. Compare to other 4 plex rentals where the rents are stuck at below market rates and can only be increased incrementally.Quiet 4 plex with plenty of windows that provide much light in apartment, tall and beautiful trees surround property and also have fruit trees on property. Near shopping and transportation. Washer and dryer hook-ups, private and enclosed garage. Secure fencing also surrounds the entire property. Very nice and friendly neighbors.Total Bedroom Count is per Seller since Unit 3239 (Rear) has been modified to contain 4 bedrooms (2 with portable closets). Total square footage is per tax records, square footage in each unit is estimated. Buyer to verify.
Property Details
- Utility FeaturesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
- Lot DescriptionTwoToFiveUnitsAcre
- Property TypeMulti-Family
- InteriorCeilingFans
- Sewer InformationPublicSewer
- MLS #MD25018500
- Property SubtypeQuadruplex
- MLS #MD25018500
- Original List Price$665,000
- Acres0.1951
- Utility SourcePublic
- CountyFresno
- Cost665000
- Year Built1954
- Stories1
- Parking Spaces3
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Ken Neufeld (#MD007880840)
Listing Office: London Properties Ltd (#MDLONDON)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.