Income-Producing 8-Unit Opportunity with Value-Add Potential!! This multi-structure property features 8 units across 3 separate buildings, totaling approx. 4,164 square feet on a 15,750 square feet lot (per tax records). Currently generating around $8,000/month in gross rents, the asset offers a proforma 7.93% cap rate and 7.57 GRM, making it a solid performer from day one.While some updates could enhance value, the fundamentals are strong - a rare chance to boost returns through light improvements. Ideal for investors seeking consistent income, long-term appreciation, or a low-maintenance portfolio addition in a reliable rental market.Seller financing may be considered with 20% down.Please do not walk the property or disturb tenants. All offers subject to interior inspection.
For sale
Price cut: $50K (9/5)
$849,000
329 N Glenn Ave, Fresno, CA 93701
7beds
8baths
4,164sqft
Est.:
Multi Family
Built in 1953
-- sqft lot
$825,100 Zestimate®
$204/sqft
$-- HOA
What's special
- 189 days |
- 152 |
- 8 |
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