This investment opportunity features three separate structures totaling 8 units and approximately 4,164 square feet of living space on a 15,750 square foot lot (per tax records). Currently generating approximately $8,000 per month in gross scheduled rents, the property offers a strong in-place return with a 6.9% cap rate and a 9.4 GRM under current operations. This is a true cash-flow asset - well-positioned for both steady income and long-term appreciation. Whether you're expanding your portfolio or seeking a low-maintenance investment, this property represents a rare opportunity to acquire a high-performing asset in a solid rental market. Please do not walk the grounds or disturb the tenants; write all offers subject to interior inspection. SELLER FINANCING may be considered with at least 20% down.
For sale
$899,000
329 N Glenn Ave, Fresno, CA 93701
7beds
8baths
4,164sqft
Est.:
Multi Family
Built in 1953
-- sqft lot
$826,800 Zestimate®
$216/sqft
$-- HOA
What's special
Three separate structures
- 115 days
- on Zillow |
- 304 |
- 10 |
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