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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