Active
707 E Shields Avenue
Fresno CA, 93704
$419,950
$232.14 per sqft
Active
6 Beds
2 Baths
1,809 sqft
Multi-family
Built in 1954
Tower District - Duplex Investment Opportunity ! Discover this versatile live / work duplex, offering two well-appointed units, each with 3 bedrooms, 1 bathroom, and separately metered. The property features a spacious garage with convenient laundry hook ups and a large yard. Both units are currently occupied by a single tenant, who is month to month for $2,150/month NNN + $150 Tax & Insurance reimbursements ($2,300 total monthly). The NNN reimbursements gets readjusted annually or when a new lease is signed providing positive cash flow for the future. Proforma market rent is $1,850 per unit + NNN. Offers subject to inspection, do not disturb tenant. This is a rare chance to secure a strong investment with room for growth. Offers are subject to inspection - please respect the tenant's privacy and do not disturb.
617600
MLSⓇ ID
August 27, 2024
Listed
October 1, 2024
Updated
Map
707 E Shields Avenue
Fresno CA, 93704
Interior Features
Total Stories
1
Bedrooms
6
Total Bathrooms
2
Appliances
Stove: All units
Fireplace
Yes
Fireplace Description
All Units
Cooling
Yes
Cooling Description
Central Heat/Cool
Heating
Yes
Exterior/Building Features
Lot Size
0.23 Acres
Exterior Features
Urban, Corner Lot
Lot Features
Urban, Corner Lot
Roof
Composition
Sewer
Public Sewer
School Information
School District
Fresno Unified
Other Property Details
Area Name
704
Garage
Yes
Garage Spaces
2
Parking
Garage
View
No
County
Fresno
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
9/11/2024 | Price change | $419,950 -3% |
Listed by Better Homes and Gardens Real Estate Bloom Group, Matthew K. Niswander,
Listing Contact: 559-455-8006
All properties are subject to prior sale, change or withdrawal. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 10/1/2024 9:02 PM UTC.
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