Fully occupied fourplex located in a desirable North Fresno rental market, offering a solid foundation for investors ready to add value. The property consists of three 2-bedroom, 2-bath units and one 3-bedroom, 2-bath unit with washer/dryer hookups. Each unit includes a covered parking space, private patio, cathedral ceilings, and a fireplace, providing attractive features for tenants.While the property is fully occupied and generating approximately $5,000 per month in gross rentsabout 25% below marketthere is clear potential for increased income through improvements. Recent updates include a newer roof and regularly maintained HVAC units. Additionally, an on-site laundry room offers an opportunity for supplementary income.This is an ideal investment for those willing to invest time and resources into upgrades to unlock the property's full potential. Please do not walk the grounds or disturb tenants. All offers should be submitted subject to interior inspections.
For sale
$854,900
464 E Calimyrna Ave, Fresno, CA 93710
9beds
8baths
4,526sqft
Est.:
Multi Family, Quadruplex
Built in 1973
-- sqft lot
$812,200 Zestimate®
$189/sqft
$-- HOA
What's special
Private patioCovered parking spaceNewer roofCathedral ceilings
- 89 days |
- 514 |
- 17 |
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